Can we trust the sustainability of crypto organic price movement now that trump is the president? Remember that trump can be very controversial with his tweets and speech, I remembered 2019 during trump’s first term, his speech and tweets were controversial and affected the forex market heavily. Trump was so against crypto, even at that, the hatred and the influence didn’t kill crypto, I think Michael Saylor was also against crypto that time.
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The new government came in after trump and they really didn’t care about crypto, during Biden’s term, we saw a lot of crypto project getting sued and giving outrageous policy that made some of them leave the united state. The government didn’t make it a friendly environment for crypto. Then all of a sudden, we started seeing trump make nice comments about crypto talking about how great it is and how he loves it. This made us crypto guys excited, because the running president of the united state loves crypto.
Trump ran and won and we started seeing crypto pump more, but the biggest shocker was the trump memecoin that nobody expected, they volume the hype the price movement broke numerous records, we saw the Solana chain shut down because they couldn’t take the load of trump purchase. Few hours later the Melania coin launched and that was another congestion. Trump has giving crypto huge publicity and awareness, more people know crypto now and are investing and want to invest, but will this be for the god? Will trump’s support for crypto turn out as great or greater than we expected or be a disappointment. I guess you have to stick around to find out.