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Trump is planning an executive order on crypto: Here’s what that could look like President-elect Donald Trump plans to sign an executive order after taking office that will elevate crypto’s status among the administration’s other policy concerns, The executive order, which could come as soon as Monday, will encourage government agencies to work with the industry by naming crypto a “national imperative or priority,” Bloomberg reported on Thursday, citing anonymous sources familiar with the matter. Trump’s transition team did not reply to a request for comment. The move would mark a major shift in government sentiment toward the crypto industry, which industry leaders say has been inhibited by the Biden Administration’s crackdown on crypto led by Securities and Exchange Commission chair Gary Gensler. Gensler plans to step down on inauguration day. The executive order would establish a crypto advisory council, something Trump promised on the campaign trail, that would promote the industry’s policy objectives by providing crypto executives with a direct line of communication to the White House, according to the report. It would also potentially include an order for all government departments to “review policies about digital assets and possibly pause any litigation involving crypto,” the report said. Kristin Smith, president-elect Trump has a chance to tell the federal government: crypto is something we should embrace, not punish,” Smith said. “It’s critical that our leaders in Washington—and key federal agencies—encourage American crypto innovation, and an executive order stating as much would be a very positive first step for the new administration. Previously a Bitcoin-sceptic, Trump has wholly embraced digital currencies in the last year, courting crypto voters by launching his own crypto venture, promising to establish a national Bitcoin reserve, and supporting a regulatory framework that’s friendly to the industry.
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THIS IS INSANE Trump’s Alleged Meme Coin $TRUMP Hits $8 Billion in 3 Hours: In the lead-up to Donald Trump’s inauguration, the crypto world has been hit with news of a new meme coin linked to the president-elect. The cryptocurrency, launched on the Solana blockchain, has seen a dramatic rise in its market capitalization, reaching $10 billion in just a few hours. However, skepticism surrounds the legitimacy of the coin, with many questioning whether Trump’s official social media accounts have been compromised. As of now, there has been no official confirmation on whether the coin is legitimate. While major accounts and news sources have indicated the possibility of it being real, it has not been verified through official channels. Trump’s own social media posts have created doubts, with some suggesting that these posts could be the result of hacking. Anthony Pompliano wrote on X, “The incoming President of the United States just launched a meme coin days before his inauguration. The market cap is almost $8 billion in less than 3 hours, which nearly doubles Trump’s net worth. Financial markets are not ready for what is ahead — buckle up.” However, Crypto commentator JRNY Crypto expressed doubt. He wrote, “Bro if this $TRUMP coin is real, wtf are his advisors doing. No video, no confirmation or proof it’s real, just a social media post.” The excitement surrounding this development has created a stir in the market, especially as the inauguration day draws near. This launch has also triggered a wider debate in the crypto community. Supporters argue that this could be a sign of a new era for cryptocurrency, with Trump’s involvement signaling mainstream acceptance. On the other hand, critics warn that the launch of a meme coin by a sitting president may be a risky move, questioning its impact on the legitimacy of cryptocurrencies. #DonaldTrump #TrumpCrypto #TRUMPCoinMarketCap #BTCNextATH?
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$SOLV $XRP $PEPE Top Memecoins to Check Out Before Trump Takes Office on January 20th ☄️ With Trump's inauguration just around the corner, some Trump-themed meme coins are getting a lot of buzz. Here are a few you might want to keep an eye on: MAGA Coin (TRUMP) Inspired by Trump's "Make America Great Again" slogan, MAGA Coin runs on the Ethereum blockchain. It launched in 2023 and has been on a roll, with a nearly 60% jump in the past month and over 1,400% in the past year. Super Trump Coin (STRUMP) This one captures Trump's energetic vibe. Super Trump Coin launched on Ethereum and Solana in March 2024. It hit an all-time high of $0.029 but has been pretty volatile. Still, it has a dedicated community and some notable exchange listings, so it might have potential. Doland Tremp (TREMP) Built on the Solana blockchain, Doland Tremp is a satirical token featuring a fictional character on a mission to defeat his rival, Joe Boiden. It's a mix of political satire and meme culture, which is drawing attention as the inauguration nears. FreeDum Fighters (DUM) This token adds a bit of gamification, offering election simulations and online debates. It's built on the ERC-20 platform and raised over $200,000 during its presale phase. It's appealing to the crypto community that's into meme-based assets. TheTrumpToken (GREAT) Unlike the others, TheTrumpToken is serious about supporting Trump's re-election campaign. It launched with a limited supply of 21 million units and allocates most presale proceeds directly to the Trump campaign. #TRUMPCoinMarketCap #CryptoTrump2.0 #SOLVLaunchOnBinance #ElonMusk #TRUMP
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