Economist and trader Alex Krüger thinks the crypto markets are entering a new era following the craze that emerged after the launch of the Official Trump (TRUMP) meme token.
Krüger tells his 200,600 followers on the social media platform X that the markets are “entering a new paradigm of capital formation via crypto” after seeing how President Donald Trump pooled billions of dollars in capital just a few days after releasing TRUMP.
He also predicts that Trump’s recently launched memecoin could spur additional innovation.
“Trump and his coin could pave the way for the next wave of crypto innovation: National Coins. Unlike CBDCs (central bank digital currencies), these are coins issued by states for diverse funding purposes, such as replenishing central bank reserves, repaying the IMF, building housing for the poor, or even acquiring strategic assets like Greenland.
Absurd? Possibly. But it will happen nonetheless. Such a trend would of course require a renewed regulatory framework. In the meantime, enjoy the million new celebrity and charity coins that are soon to hit the market.”
The veteran trader doesn’t think the TRUMP launch should be viewed as a negative for the crypto sector.
“Granted, the year is young, but the Trump coin being a bearish event must be the most idiotic things I’ve read on this app in 2025 – people let their dislike for the man and/or weekend price action affect their judgment.”
TRUMP is trading at $34.02 at time of writing with a market cap of $6.825 billion.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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Daily Hodl Staff
https://dailyhodl.com/2025/01/21/crypto-entering-new-paradigm-of-capital-formation-after-launch-of-trump-memecoin-says-economist-alex-kruger/
2025-01-21 15:30:42
