Crypto has become “seizure of money” since the last height of Trump’s nourishing of coins
The election of the pro -drying currency head was more than most investors who believed it was possible. However, nearly three months after the elections, the initial euphoria fades and turns into an alarm to those who worry that President Trump’s movements to encryption can sow the following winter seeds. Only last month, Trump brought down “the only official Mimi coin.” According to ChaINALYSIS, nearly half of those who bought the distinctive symbol – or the Melania Meme, which was released the next day – were likely to be new investors who created the first encryption portfolios on the same day. But as much as investors are looking to inject capital in the Taurus market, the industry is also trying to mature and away from its reputation on the Internet, making the allocation of new capital for long -term projects and the most important value. Otherwise, the Meme Coin Mania may lead to losses today, inhibit the new encryption investors and stop more companies and developments. “It is a seizure of money.” “I hope I spent a lot of this time and effort in building technology and making it easier, but this is away from every advertisement.” In the short term of trading madness, JMP Citizens, such as the JMP Citizens Devin Ryan analyst, said that the Meme coins are not an important part of a dangerous investment and an investment. Instead, the opportunities of Coins’s ability to help people use Blockchain technology in new ways, for example in rental, the use of Stablecoin, integration with payments, Web3, use digital portfolios and traditional financial asset symbol. But these aspirations can go out of their course. Only this week, Trump Media has announced its latest batch in Crypto: Truthfi, a financial services section that will invest up to $ 250 million in funds circulated in exchange, cryptocurrencies and other assets, products and services, including Its investment vehicles, later this year. “People will knock each other to get investments from them,” said Ross about Truthfi. “They are just space products, and it is the last thing we need.” Since last summer, Trump companies have first appeared in two non -separated groups, or NFT, groups: Trump digital trading cards on polygon and Trump Bitcoin digital trading cards on Bitcoin Blockchain. The decentralized financing, or Defi, has been launched, a platform called World Liberty Financial on ethereum. This company has since made great purchases of Bitcoin Cabbage (WBTC), Ether, TRES TRX, AAVE, Ena’s Ena and ChainLink. Trump’s effect already affects trading and investment trends. Last week, Coinbase’s CEO posted on X that the company must rethink the process of inserting it, “given that there are nearly a million symbols per week that is now created, and growth.” BitWise Asset Management has provided ETF launch tracking the price of the longest metal coin, Dogecoin, and GrayScale has entered Dogecoin’s confidence. There is also Mim Trump’s currency in business. Ross argues that the wave of ads “does not help move the space forward … it’s just a new casino.” This madness has passed before (especially in 2017 and 2021) and always wore new horizons. Blockchain setback is the problem now is that the industry has not yet proven to the broader world that Blockchain technology is widely beneficial to anything other than speculative trading. On the wake of a sign of subscription – the beginning of trading in the investment funds circulating in Bitcoin was a year ago “the moment of the subscription” of the leading currency, and the money has witnessed a strong institutional demand since then – some see the current market as a setback for that is made. “There is a dilution effect in the sense that there are many of these [coins] Swan Bitcoin, Stephen Loubak, head of customer and family offices at Swan Bitcoin, said it is going on to make it more difficult for encryption projects. , Raising the rest of the encryption market. [even] As most coins continue to return the huge gains made in the past two months of 2024, “Wolf Rob Guinsberg’s research analyst wrote in the memorandum last week.” While we repeat that the longest -term direction of the area has risen to correct, in the next few months are more difficult. We recommend reducing exposure to Altcoins and parking in Bitcoin until the near -term trends improve. “Ludka” Lubka said at Swan Bitcoin that Altcoin investors “were mainly in the bear market” due to “rapid mitigation”. He said, “The new things that are pumped into the market, and traders and investors were spinning very quickly. It was a very hostile environment. ”Lopeka added these price deviations. Gambling … I think it will only increase the capital to Bitcoin.” – Michael Bloom of CNBC contributed to reporting.
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2025-02-01 16:42:00
