TRUMP is Buying These Cryptos! What Comes Next

he returning occupant of the Oval Office is pro-crypto, a DeFi founder and, oh yes, has his own official meme coin. Read that last sentence back and try to convince yourself that we’re not living in a simulation.

Well, simulation or no simulation, crypto appears to have arrived at the promised land, or at the very least has bought its plane ticket to that rather nebulous destination. Ross Ulbricht is free, executive orders are being signed and regulations look certain to come before Congress in due course.

Added to Trump’s crypto credentials meanwhile is the fact that he’s also a crypto holder - and not just of his or Melania’s meme coins. As such, there’s a lot of speculation over exactly what cryptos he and other members of Clan Trump have in their bags. Given the new paradigm we’re now living in, it’s highly likely that these cryptos will do very well over the next four years.

In today’s video, we take a look at what Trump, his family and entities associated with them are stacking and what such an accolade could mean for the cryptos in question. Could the Trump copy trade be the big play of this cycle, or has The Donald not yet served enough time in the trenches?

You can watch that video here.

📈 Crypto Market Forecast 📈

It’s easy to forget that things tend to happen slowly, and then all at once, especially in crypto. Although the pro-crypto actions taken by Trump in his first week in office have been perceived as lackluster or even outright unclear, they have set the stage of a series of very bullish crypto catalysts that could come, well, slowly, and then all at once. Here are a few of many examples.

Under its new leadership, the SEC has canceled SAB 121, an accounting rule which effectively prohibited banks from working with crypto. Bank of America CEO Brian Moynihan revealed in an interview that the banking industry is ready to get involved in crypto in a big way once the regulations become clearer. It’s safe to assume that this was a direct reference to SAB 121.

At the same time, BlackRock CEO Larry Fink noted in an interview that he wants the SEC to “rapidly approve the tokenization of stocks and bonds”. Given the changes in leadership at the SEC, it’s possible that the regulator will be able to do just that. This is more significant than you think, because BlackRock appears to have chosen Ethereum and its layer 2s for its RWAs.

However, this news, while bullish, pales in comparison to a US court overturning the sanctions on Tornado Cash. To bring you up to speed, Tornado Cash is a privacy protocol on Ethereum that was sanctioned by the US government. The sanctions were unprecedented, as they basically marked the first time that a dApp was sanctioned, and its developers arrested for making it.

Even though the case against Tornado Cash’s developers is still technically ongoing, the overturning of the sanctions against it essentially means that crypto developers won’t have to worry about who is using their permissionless DeFi protocols. At the same time, it will make it much less scary for users who may fear accidentally interacting with sanctioned smart contracts (or having their wallets dusted with crypto connected to these sanctioned smart contracts).

This is excellent news for stablecoin issuers like Circle and Tether, who are waiting for the US government to pass reasonable stablecoin regulations. Circle CEO Jeremy Allaire said in an interview that he expects these stablecoin regulations to be passed by the end of the year. Once they are, we could see a new era of on-chain activity related to payments, savings, etc.  

More importantly, all of these pro-crypto regulations are going to result in new methods of attracting users to their blockchains that were previously not allowed. One method we’ve been highlighting on the main channel is the possibility that wallets like Phantom could airdrop crypto to attract users. Phantom has denied airdrop rumors, but its backers presumably want an ROI.

Meanwhile, we’re likely to see different blockchains attract users by doing things like offering high yield savings accounts via stablecoins and DeFi protocols. The example that comes to mind here is Ethena’s plans to integrate with Telegram for USDe stablecoin payments and savings. Note that the Ton Foundation recently underwent a leadership change to target the US market. (Toncoin is the blockchain used by Telegram, in case you didn’t know.)

Given these facts, the catalyst to keep your eyes peeled for over the next couple of weeks is any executive order or regulatory change that will formally allow US users to do things like use DeFi protocols and receive airdrops. For those unaware, Americans are currently blocked from many of these on-chain activities. When this change happens, it may initially feel like a nothing burger, like last week’s changes. But make no mistake, it will set the stage for a big rally.

💰 Dollar Trump 💰

The past week was an action-packed one for the crypto industry.

Donald Trump finally took office as president of the United States and swiftly initiated several pro-crypto actions. These included appointing pro-crypto personnel as acting heads of both the SEC and the CFTC; passing an executive order to create a working group exploring crypto legislation and the creation of a national digital asset stockpile using seized cryptocurrencies; and banning the creation and use of central bank digital currencies (CBDCs) in the country. We even received news of the SEC (finally) repealing the controversial SAB 121 accounting guidance, which prevented banks from offering custody services for digital assets.

Given how all the above was everything the industry has been wanting for months, one would imagine the crypto market would have seen new all-time highs immediately after they were announced, right?... Right?

Well, rather paradoxically, the market’s reaction to these developments was relatively mute. In the hours after the announcements, BTC and major alts saw little to no gains and crypto X was filled with industry participants debating the difference between a “crypto stockpile” and a “crypto reserve.” The consensus was that these seemingly “pro-crypto” actions were not bullish enough.

It gets increasingly absurd when you realise the market gave more validation to something Trump did days before taking office – the launch of a MEME COIN.

Unless you’ve been living under a rock, there’s no way you haven’t heard of this one. Just in case you haven’t - Donald Trump’s team launched the ‘Official Trump’ meme coin (ticker: $TRUMP) on January 18th - two days before the inauguration. The launch of the coin was wildly popular, with its market cap and FDV surging to all-time highs of $15 billion and $75 billion respectively. The kicker is that this insane rally happened in under 36 hours post launch. The only reason why the rally seemed to top out where it did was the subsequent launch of $MELANIA – a meme coin by First Lady Melania Trump. A controversial move to say the least.

That said, we’re going to stick to discussing just $TRUMP in this edition of our newsletter. One first family shitcoin is arguably more than enough.

So, what makes $TRUMP so much more exciting than the other fundamentally sound and positive developments for crypto?

For one, it was unexpected. The shock factor went a long way towards encouraging degenerate crypto traders and whales to go all in on the coin. Not to mention that the optics of the incoming US president launching a meme coin seemed to validate the idea that launching meme coins from the US will not land one in prison. Finally, it also brought an influx of new investors into crypto. According to blockchain analytics firm Chainalysis, the majority of $TRUMP and $MELANIA buyers were retail investors - with over 80% of the addresses holding under $1,000 worth of assets and 70% under $100. Chainalysis also noted that 50% of $TRUMP and $MELANIA holders had never bought a “Solana altcoin” before, and half of them also appeared to have created their wallets the day they purchased the tokens.

In terms of second-order effects, there were quite a few beneficiaries. Notably, the price of Solana’s SOL hit a new all-time high, fuelled by activity on the network. Crypto trading app Moonshot also became the top finance app on the US Apple App Store after the official website of the meme coin listed Moonshot as the go-to platform for buying $TRUMP.

That said, it would be foolish to think that the launch was received with nothing but positivity. Many long-standing and battle-weary crypto proponents intensely criticised the move for its perceived effect on the industry in the long term. X user ‘Wassielawyer’ described the move as one that encouraged the idea that “crime is legal,” thereby creating “a race-to-the-bottom.” Others questioned the ethics of a sitting US president having a tokenised financial instrument directly tied to his name. Especially in relation to bad actors exercising undue influence on the president via anonymous bribes masquerading as buys of $TRUMP. Several others began wondering if this was a sign that the market had hit its top for this cycle.

Better yet, others began wondering why the coin was launched just days before the presidential inauguration - a crucial and busy time for any president-elect when affairs relating to the smooth transition of administrations are in motion.

There are several theories. According to Coinage media host Zack Guzman, the most probable reason was that launching the memecoins after the inauguration would have exposed Trump to allegations of violating laws that prevent the president from using his position to enrich himself. In other words, providing cause for impeachment.

Another theory, this one by Dan, Coin Bureau’s Head of Research, speculates the memecoin launches may have been an experiment to test if crypto speculation could have a subsidising effect on US government debt. For context, the theory revolves around the idea that encouraging crypto speculation will lead to more demand for stablecoins – many of which back their reserves with US government bonds (debt). That said, this is a spicy theory and until proven otherwise remains pure speculation.

At the end of the day, the only substantiated truth from the whole ordeal is that, in the short term, the only thing that matters to the crypto market is attention.

For now, $TRUMP is THAT guy.

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🔮 Video Pipeline 🔮

* Sui Update: Sui’s plans for 2025!
* Base Ecosystem Guide: Everything you need to know!
* XRP Role In Trump Administration: Ripple’s resurgence and what’s next?
* PayFi Deep Dive: What is it? Will it be a leading narrative for 2025?
* This Survey Says it All: Bull Market Incoming

🏆 What's New at CoinBureau.com This Week? 🏆

* Explore How To Avoid Costly Mistakes In Crypto Copy Trading
* Binance Wallet Review: Easy Access to DApps, Staking and DeFi
* Understanding DeFi Insurance
* Virtuals Protocol Review 2025: The AI Agent Powerhouse
* How To Audit A Smart Contract? A Beginner’s Guide

📖 Quote of the Week 📖

While the crypto market may seem daunting for newcomers at first, it’s never too late to learn. The Coin Bureau will be your home for that crypto education.  

"It is better to learn late than never." - Publilius Syrus

Team Coin Bureau

Disclosure: Authors may own cryptoassets named in this newsletter. These are unqualified opinions, and a Coin Bureau newsletter, is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor.