“If you break it down, there are many moving components in the back end that people are not necessarily aware of”.
By the end of 2023 when the First inclusive Solana began Relative ghost town. Since hardly anyone used the network, the services that were built on the scrap had to be built. It stays Very few applications based on Solana built for other purposes as financial speculation. “There are many jokes that Solana development is like chewing glass,” says Tom. “It can be very difficult.”
Memecoins were previously despised as bad And therefore potentially harmful to the crypto industry because it strives for validity. The Trump coin in particular was circularly “criticized”Money grab.“However, the arrival of coins such as Trump could have important advantages for second-order for crypto networks in the broader sense and create a flywheel effect in which the arrival of Memecoin players attracts developers who are based on creating other applications for them . As soon as people are equipped with a Solana pocket, the theory is more of a permanent increase in network activity with the applications of all ART-OB social platforms based on Solana.
“Many application teams will address these new users,” says Arjun. “A Memecoin is an example of what can be carried out on this infrastructure.”
The start of the Trump is also important for what it implies about the hiring of the US government towards crypto, explores experts. The industry has long complaint About the lack of explicit rules for issuing new coins in the USA; In view of the fact that it has the imprimature of the president, the start of the Trump could be interpreted as a tacit permit.
“This will create a kind of decision to be attributed to all different agencies: America includes crypto,” says Demelza Hays, Digital Asset Portfolio Manager of the investment company Zeltner & Co and Chief Economist of the Crypto Trade Publication Cointelegraph. “I think we’ll see (many) celebrity memo.”
As with the Trump start, the stock exchanges and other components of the Solana -Memecoin supply chain cannot mostly win over the dealers.
“Trump -Memecoin trading is like betting on roulette. A bet on Solana is like a bet in the entire casino, ”says Hays. “If there is a higher trading volume, we will definitely see (the stock exchanges).”
While raydium is likely to benefit from a potential flywheel effect that is generated by the Memecoin rasory and the hug of crypto by the USA, Tom is conflict with Trump.
“Raydium’s business is to make the volume easier. We try to follow a very agnostic approach for the tokens available on the platform, ”he says. “And to have the most powerful person in the world to choose Solana to start her Memecoin, which is always the pretext, is a big indication of where Solana is.”
But for an industry that has been trying for a long time Spots on his reputationAccording to Tom, the immediate sugar, which was created by the Trump start, may not be worth the negative attention that the coin regularly attracts to investors for losses.
“In half of the decades that I worked in this area, I tried to change the story of the default setting: that there is a lot of gripping and shameful activity that happens in crypto,” says Tom. “I am very aware of this call.”
Two days after trading with Trump, First Lady Melania Trump started her own Memecoin. His critics expressed a similar one Choir of concerns in connection with alleged conflicts of interest.
The White House did not respond to a request for comments. An inquiry that was delivered to an e -mail listed on the website for the Melania Memecoin remained unanswered.
The day of the Trump start was a thrill, but now Tom felt empty. “I thought: It doesn’t feel as good as yesterday,” he says. “I definitely didn’t buy Melania.”
