Will These Trump Altcoins Crash The Real Trump Coin?

The $TRUMP memecoin entered the top 25 market cap of all crypto projects in only a weekend. Its launch on Friday night during the Crypto Ball as part of Trump’s Inauguration saw a rise to over $13 billion in market value.

And right now, it’s at $10 billion. There are other altcoins related to Trump’s family members the campaign or related causes. Will they rise too? What is going on in the market? Stay tuned to find out.

How These Coins Affect the Market

First, let’s talk about how these coins have changed the market:

1. The World’s Biggest Spotlight

No one has a bigger Spotlight in the world today than the US President. Trump took office today and all these moves this weekend before taking the Oath of Office show how powerful this Spotlight is. Here is futurist and tech investor Balaji Srinivasan talking about how the Overton Window has been destroyed.

The Overton Window is about what ideas are acceptable in an industry or a society or whatever. And for the last 4 years, the SEC in the US constrained our industry in both big and small ways. It’s no coincidence that when Gary Gensler leaves on Friday and before Trump’s inauguration on Monday or hearings start for Trump’s SEC pick Paul Atkins is when he made this move to launch this coin.

Now, the Overton Window is not about compliance at all. As Balaji says, “Everything is now legal”. The Trump spotlight on our industry is VERY VERY good in the short term. You may have seen negative commentary on X and we agree with some of it.

The Overton Window has been smashed.

If everything is now legal[1], many startups will try raising funds by issuing tokens as explicit cryptoequity.

As context, the SEC distorted the market for the last decade by forcing founders to obscure the obvious analogy between tokens…

— Balaji (@balajis) January 20, 2025

But there is no question there are more people trying crypto and using crypto today than there was on Thursday just a few days ago. There is also no doubt that some of these people will stay and find their way to Bitcoin and quality alts. They will. It’s just the law of large numbers.

2. Memecoin Supercycle

Well if there wasn’t a memecoin supercycle before, there is now. No one has ever seen anything like this. One of the world’s most powerful figures is telling all crypto operators that it’s ok to launch a coin or more developed project or whatever you want.

“I know I launched it and it was successful”

Trump acknowledging he launched his $TRUMP memecoin and that it is actually his

there is the official confirmation everyone was waiting for pic.twitter.com/YWeLnLlVAT

— AshRobin (@ashrobinqt) January 21, 2025

And if we play this right, there will be longer-term benefits, too. That’s if the typical Trump grift that we expect doesn’t happen OR doesn’t lose too many people and too much money.

3. $TRUMP & $MELANIA

The “original” coin among this group of coins is $TRUMP. It had a crazy launch on Friday evening that you’ve seen and heard about already. Although there were mixed comments like this one, people were mostly feeling pretty good for the reasons I’ve mentioned earlier.

Thoughts on Trump’s Token

1. Biggest scam in history of a President
2. Focus on running a country
3. MC pump does NOT justify fraud
4. Ruined validity of the crypto space
5. No better than SBF or Do Kwon
6. Firing all who can charge him
7. An epic Cunt

U?
And I am Republican

— Crypto King (@Cryptoking) January 19, 2025

But there is confusion even among those who’ve been here for many cycles. This tweet tells the story that many are feeling. And even among the bulls and those that see the value of bringing more people into crypto to try it had to pause when on Sunday the $MELANIA memecoin for Trump’s wife launched. We have detailed coverage of it on our website. 

The $TRUMP coin showed some major planning in advance to get the launch right and during the weekend before the Inauguration. Not so for the $MELANIA coin. That was slapped together fast and in a way that if it was anyone else, we would say it’s a rug.

The Official Melania Meme is live!

You can buy $MELANIA now. https://t.co/8FXvlMBhVf

FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/t2vYiahRn6

— MELANIA TRUMP (@MELANIATRUMP) January 19, 2025

Then immediately after the $MELANIA launch, it sucked away a lot of the liquidity from $TRUMP. And $TRUMP at its high of $72 yesterday afternoon has fallen since the $MELANIA coin hit the market. Its value is ~$1.3 billion. And a lot of was taken from $TRUMP by people with FOMO thinking they could make life-changing money on $MELANIA instead.

And while there are rumors that due to the shoddy nature of the setup and launch of $MELANIA it’s not an official coin from the Trump family or the campaign, it looks like it is. But just some of the same crappy grift-work we expect of Trump.

And you should know by now in case you are not aware that for $MELANIA one single wallet owns 89% of it. I think you know who that wallet is. And for $TRUMP it was at 80% at launch but some have already sold it to make a wider distribution now. $TRUMP is available on most CEXes including Coinbase, Binance, OKX, and RobinHood for Americans. Meteora and Raydium have the most liquidity among the Solana DEXes that list the tokens.

$MELANIA is on Meteora and Raydium, too. Plus you can get it on MEXC, Kucoin, Bitget, and some other exchanges.

$ELON, $BARRON, and $USA Coins

Some of the related coins to this theme and related memes are $ELON, $BARRON, and $USA.

• $ELON

A few Elon symbol tokens are floating around in attempts to scam people out of money thinking they are affiliated with Elon Musk. None of them are affiliated with Musk. However, the largest of these and seemingly a legitimate project is the Dogelon Mars which has a $174 million market cap. It’s widely available on many exchanges.

If Musk is successful in streamlining government for his DOGE project, then this $ELON token and $DOGE will probably do well in this market. Will they take liquidity away from the Trump family coins? I doubt it. Musk has his fans independent of Trump.

• $BARRON

Barron is Trump’s youngest son. He has no official coin yet. So don’t be fooled. Trusty account Lookonchain shows us it’s not an official coin and the FOMO is causing people to lose millions on this scam coin.

Someone lost nearly $1M on $BARRON in just 2 hours due to #FOMO!

Note that $BARRON was not launched by the #Trump family.

Currently, the only tokens officially issued by the #Trump family are $TRUMP and $MELANIA.

Avoid #FOMO and trade carefully! pic.twitter.com/bvCTQ2MXsq

— Lookonchain (@lookonchain) January 20, 2025

Barron Trump is very crypto-savvy. Many believe he is the reason Trump is into crypto in the first place. So you can bet there will be a ton of marketing and publicity when he does release his token.

• $USA Coin

Then we have $USA Coin. This coin is not affiliated with the Trump family or administration. It is a related meme about being proud to be American and some of the MAGA crowd that voted for Trump. The coin is also not new. It’s been around for almost a year. So watch yourselves here too.

$USA coin added 63K holders in the last 24H !!

Holders distribution looks insanely healthy , with only 1,669 holders holding more than $10K out of 115,395 holders !!

Countries have started launching their own tokens , guess $USA is going for $5billion dollar market cap… pic.twitter.com/ny3WG5pdXE

— DonaXbt (@CryptoDona7) January 20, 2025

A supposedly new $USA COIN that is affiliated with Trump could launch on the 24th if this is accurate. But I’d DYOR on this and ALL the coins mentioned today. Even $TRUMP given who is behind this project.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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