Original author: Layergg

Original translation: TechFlow

A map of Trump's relationship with cryptocurrency.

In just one day, $TRUMP's market capitalization has exceeded $14 billion, ranking among the top 20 in market capitalization and surpassing $DOGE in fully diluted valuation (FDV). Currently, it has been successfully listed on major CEX/PERP platforms such as Binance and Coinbase.

At present, people’s attention is likely to focus on Trump-related tokens.

1. Tokens directly associated with Trump

• $TRUMP: Controversy over its authenticity continues, but if it is real, it could very well become the most watched meme coin of this cycle.

• Eric Trump: Trump’s second son Eric Trump revealed that he holds $BTC, $ETH, $SOL and $SUI.

• $WLFI: Some people believe that Trump is only an advertising spokesperson and is not directly involved in the project. However, investors who are still not satisfied with $TRUMP may turn to $WLFI due to the fear of missing out (FOMO). Its on-chain portfolio has attracted widespread attention due to the Trump theme. After the release of $WLFI, $ENA and other $WLFI-related projects may be popular in the market.

2. DOGE Ecosystem

• Elon Musk: No need to elaborate.

• $DOGE

• $DOGE

• Howard Lutnick owns 5% of Tether and his company Cantor Fitzgerald is the asset manager for the project.

3.Solana Ecosystem

• Since the Trump team issued $TRUMP on the Solana chain, the price of $SOL has risen by 40%. The SOL/ETH trading pair may hit a new historical high.

• The possibility of launching a $SOL ETF in 2025 is also approaching.

• $SOL Ecosystem: With the Trump team’s collaboration with Meteora and Jupiter, future emoji coins may continue on this path.

• $JUP

• $MET

• Another Solana-based meme coin (celebrity) cycle may be about to begin.

• $RAY

4.SEC

• Paul Atkins was named SEC Chairman to succeed Gary Gensler.

• He has served as an advisor to $RSR for many years and recently joined the advisory board of Securitize, a company with which $ONDO has deep ties.

• Trump recently mentioned that he might suspend the SEC's existing lawsuits against cryptocurrencies.

• Cryptocurrencies that are involved in litigation with the SEC or have received Wells notices may attract attention.

5. US Coin

• Trump recently spoke positively about the idea of using the U.S.-created cryptocurrency as a strategic reserve.

• A classic example is $XRP and $SOL, but there are many more cryptocurrencies based in the US. See the following link for details: https://www.coincarp.com/project/?area=usa

6. Celebrity Coin Rush

• Elon Musk might launch $ELON or $MUSK for entertainment purposes.

• Meme narratives are going through a rotation of ‘dogs → cats → animals → AI → celebrities’.

7. Venture Capitalists (VCs)

• a16z: Sriram Krishnan, who was named White House senior policy advisor, was a member of a16z. Brian Quintenz, nominated as CFTC chairman, is the head of cryptocurrency policy at a16z. a16z's cryptocurrency portfolio is huge.

• Craft Ventures: David Sacks, who was appointed as the White House cryptocurrency commissioner, leads Craft Ventures.

• $DYDX

• $HONEY

• Kraken Ventures: Another CFTC chairman nominee, Marco Santori, previously served as Kraken’s chief legal officer.

• $MORPHO

• $PUFFER

• $USUAL

• $PSTAKE