So, Arthur Hayes, the former BitMEX CEO, has decided to throw his hat into the ring of crypto predictions, claiming that the TRUMP meme coin could outshine Bitcoin. Yes, you heard that right. Apparently, if the market sentiment improves and politicians start using meme coins like they’re the latest TikTok dance craze, we might just see TRUMP coin take off. 🚀
Now, let’s take a moment to appreciate the TRUMP token’s journey. Launched right around the time our former president was taking the oath of office, it quickly climbed the ranks to become the fourth-largest meme coin. But like a bad haircut, it didn’t last long. After peaking at a whopping $75, it plummeted to below $20 faster than you can say “fake news.”
But wait! Just when you thought it was down for the count, Hayes comes along with his crystal ball, and suddenly TRUMP coin is up 17% in the last 24 hours. It’s currently trading at $19.03, which is like finding a twenty-dollar bill in your winter coat pocket. 🎉
Why TRUMP Meme Coin Will Perform Better Than BTC
In a blog post that I can only assume was written while he was sipping a pumpkin spice latte, Hayes speculated that meme coins could become the political equivalent of a yard sign. He believes that by the 2026 midterm elections, we’ll see politicians launching their own meme coins like they’re handing out candy on Halloween. 🍬
According to Hayes, political meme coins are the perfect blend of politics and entertainment. Because nothing says “I care about your issues” like a coin with a cartoonish version of a politician’s face on it. He’s convinced that if the market sentiment continues to improve, TRUMP coin will be the first to skyrocket, leaving Bitcoin in its dust. Talk about a plot twist! 🎢
Will Other Politicians Follow Trump And Launch Their Meme Coins?
Hayes also predicts that other politicians will jump on this meme coin bandwagon, with Xi Jinping being the next in line. Because nothing screams “I’m popular” like launching a meme coin, right? I can just picture it now: “Vote for me, and I’ll give you a free Xi coin!”
But hold your horses! Hayes warns that not all future political meme coins will be as successful as TRUMP coin. Apparently, there are challenges ahead, like community standards and the fact that not everyone can pull off the “meme coin” look quite like Trump. It’s like trying to wear a fedora when you’re not Brad Pitt—just doesn’t work.
In an interview with Scott Melker, Hayes mentioned that the crypto industry is shifting towards highly liquid meme coins. But he cautioned that only Trump has the charisma to make it work. Future political meme coins might struggle, especially if investors start demanding fair launches and equitable allocations. Because who knew that crypto investors could be so… reasonable? 😏
Melker chimed in, noting that the TRUMP meme coin’s tokenomics might be more akin to a security than a meme coin. So, people are buying it because of Trump, not because it’s a free-floating asset. It’s like buying a ticket to a concert just to see the opening act—except the opening act is a former president. 🎤
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2025-02-14 17:12