Bitcoin’s New ATH and Trump’s Meme Coins – Which Trump Will Be Next?
The world’s premium cryptocurrency Bitcoin hit a new all-time high on January 20, 2025, at the $109,114 mark just a few hours before Donald Trump swore in as the 47th United States president. That price milestone made ripples through the cryptocurrency market and confirmed BTC as a primary asset in the global financial landscape.
However, prior to that immense price surge, another big event in the crypto space linked to Donald Trump happened. Once again, Trump has become an important figure in the crypto community.
Trump Family Starts Launching Meme Coins
Three days before Trump’s inauguration and the Bitcoin’s new ATH, Donald Trump launched his own meme cryptocurrency on the Solana chain – TRUMP. The promotional materials say that this coin’s goal is to “Make Crypto Great Again” and the plan was, it seems, to capitalize on the strong power of Internet culture and economies powered by memes.
The coin was released on Friday, surrounded by rich media coverage, further expanding the numerous fan base of Trump and the meme crypto community. Trump’s meme coin launch was interpreted as a jesting but also strategic move to underscore the president’s strong commitment to introduce a crypto-friendly regulatory environment during his presidential term.
Trump’s spouse Melania decided not to lag behind and launched her own meme coin MELANIA shortly after, positioning it as a symbol of “elegance and empowerment in the digital age.” Many critics have been expressing doubts about the seriousness of these projects, both meme coins have garnered widespread attention.
Both meme coins, TRUMP and MELANIA, witnessed significant surges in volumes during the first couple of days of trading as they attracted retail investors and meme coin lovers. For a short time, they even managed to become leading trends on social media platforms, adding fuel to the already pretty turbulent cryptocurrency market.
By the way, according to a recent tweet of angel investor and Bitcoiner Anthony Pompliano, TRUMP and MELANIA were launched by two different developer teams.
Bitcoin Hits New All-Time High on Trump’s Inauguration Day
The pioneer cryptocurrency Bitcoin spiked to a new price peak just hours before Trump’s inauguration on Monday, January 20, and reached an all-time high of $109,114 for the first time since December 16.
All the recent Bitcoin ATHs have been reached since November 5 – the official election day where Trump beat Kamala Harris, the Democratic Party candidate who replaced Joe Biden in the middle of the presidential race. Thus, surpassing first $70,000, then $80,000, Bitcoin soared to over $100,000, ending December above $108,000. Less than a month after that, BTC broke above the $109,000 peak.
Any Other Trump Family Meme Coins on Horizon?
The surge of Bitcoin to a new record peak shortly after the launch of TRUMP has left many wondering and speculating whether any other Trump family members might join the family frenzy and issue their own meme coins. This may seem quite likely, taking into account the Trump family’s collective love for capitalizing on opportunities that emerge thanks to their family name.
It is logical to start discussing these potential launches with Donald Trump’s eldest son – Don Jr. Trump. He is widely known for his active presence on social media and for supporting his father’s ideas in the political field. Don Jr. could easily leverage his father’s fan base should he decide to issue a meme coin. It could market itself as a symbol of “next-generation” leadership, targeting younger and crypto-enthusiastic conservatives.
Ivanka Trump comes as the next possible candidate for launching her own meme coin. She is often seen as the business-savvy and polished member of the family, therefore a potential IVANKA token might be promoted as a premium meme coin venture to tap into the cryptocurrency space, attracting mostly women who are after luxury blended with the dynamism of the blockchain technology.
Having extensive experience in branding and entrepreneurship, Ivanka Trump in theory could come up with a much more sophisticated approach than the one used by her father and mother. She could even create a coin that would actually have utility or would be linked to charity initiatives.
Another potential player for minting his own crypto is Eric Trump. If he were to create a cryptocurrency, not even a meme coin, it could be associated with his family loyalty and his father’s political legacy and it would appeal to long-term supporters of the Trump dynasty.
The remaining candidate for meme coin making is Barron Trump.
Still, critics insist that the TRUMP and MELANIA coins are riding on a hype wave and could eventually lose their appeal to the community. On the other hand, TRUMP is certainly directly associated with the US president and is backed by his authority, even though it lacks particular utility and has just been used for speculating only so far.
