Trumb$

 Trump's new currency is an economic bubble or an election weapon?

On January 17, former US President Donald Trump launched a new digital currency called Trumb$, with an initial offer of 200 million coins, this offering salivated the cryptocurrency community, which witnessed a significant rise in value, exceeding the market capitalization of more than 27 billion dollars, which led to a review of Trump's holdings in the digital currency.

Market movement and volatility 

Trump's currency has known great fluctuations, as its prices fluctuated between a huge rise and a sudden drop, this type of volatility is a feature of the digital currency of a joke character that lacks intrinsic value, as it can be affected by speculative trades. The digital currency community expressed its great concern that the association of the meme currency may hinder efforts to legalize digital assets.

Regulatory assessments

The introduction of the Trump coin has raised many questions about potential conflicts of interest, especially Trump's political background, as some believe that the coin's association with the current president may lead to undue influence and threaten market transparency. 

Future implications

Trump's coin has seen a notable development in cryptocurrencies. It demonstrates the impact of growing digital assets in the mainstream discourse, and highlights the need for clear regulatory frameworks to address the obstacles that such high-profile endorsements present in terms of market movement and organizational strategy.

Translated with DeepL.com (free version)

صاحبة مدونة ديواني المتخصصة في الشعر و اداب الأطفال و كل ما يتعلق بالكتابة

حسابي على الفيس بوك

حسابي على التوتير

حسابي على انستغرام

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