The Good Tech Companies - DWF Ventures Analyzes Impact of $TRUMP Memecoin Surge on Crypto Markets

Episode Date: January 28, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/dwf-ventures-analyzes-impact-of-$trump-memecoin-surge-on-crypto-markets. DWF Ventures examin...es the $TRUMP memecoin surge, its impact on Solana, and future implications for crypto markets and regulations. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #blockchain, #dlt, #cryptocurrency, #web3, #dwf-ventures, #dwf-ventures-news, #dwf-ventures-announcement, #good-company, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Two days before the inauguration, $TRUMP memecoin was introduced into the crypto market. The token’s market capitalization was reported to be over $70 billion within the first 48 hours. The surge not only attracted the old-time investors but also the general population as shown by the increase in search engine queries.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. DWF Ventures analyzes impact of $TRM surge on crypto markets. By Ashan Pandey, two days before the inauguration, $TRM was introduced into the crypto market and the market capitalization of the token rose to over $70 billion within the first 48 hours. DWF Ventures, a leading player in the blockchain investment sector, has taken much interest in this event and its implications. The discussion of $TRM2 days before the inauguration created a stir in the crypto market and the token's market capitalization was reported to be over $70 billion within the first 48 hours. This surge not only
Starting point is 00:00:43 attracted the old-time investors but also the general population as shown by the increase in search engine queries and coverage by the main media. DWF Ventures argues that the intense focus on dollar-trump meancoin shows the efficiency of the crypto market where celebrity endorsements and high-profile launches can influence the investor's behavior. Such events analysts say are known to induce short-term increases in liquidity but at the expense of lack of sustainable growth without complementary technological or market development. A major first-order effect of the Dollar Trump memecoin launch was the focus IT created on the Solana blockchain. Dollar Trump transactions were first
Starting point is 00:01:20 made on Solane and only later were the coordinates of the asset listed on CEX. This exclusivity led to a lot of activity in Solana's DEXs including Jupiter Exchange, Meteora AG, and Radium Protocol. For instance, data provided by DWF Ventures revealed that Solana's total DEX volume hit $12 billion on January 18, breaking new ground for all blockchains. However, DWF Ventures notes that the surge also revealed some of the Solan ecosystem's weaknesses. At the time of the highest load, the network failure rate was about 40%, which is 20% more than the usual failure rate. Furthermore, gas fees rose to more than 0.01 sol, which is approximately $2.01 sol which is approximately 2.50 which is quite high compared to the normal gas fees despite these challenges such a high load is proof of the network's capacity and solana's potential
Starting point is 00:02:12 to become a mainstream blockchain with regard to the direct market responses dwf ventures is beginning to consider the secondary effects of the dollar trump phenomenon the firm's research reveals that the launch of famous meme coins such as dollar trump may lead to more strict controls. The study has pointed out that a large number of tokens will be available for trading in the market shortly, and this may cause a lot of price fluctuations and lose the small investor who does not understand how tokens work. In addition, DWF Ventures looks at the general trend of hyper-tokenization, which is the ability to create and trade tokens easily. The platforms that provide the one-click token launch are making it easier for politicians, celebrities, and influencers to get
Starting point is 00:02:55 into the crypto space. This democratization of innovation is, however, a concern regarding the saturation of markets and the fundamental value of such tokens. From a regulatory point of view, DWF Ventures explains that the growth of memecoins invested in by famous people may speed up the process of discussing regulation of digital assets. The analysts are of the opinion that there is the need for clear rules to be put in place to protect investors and to ensure that the cryptocurrency market continues to grow positively. In the last analysis, DWF Ventures mentions that the $TRM memecoin event is a clear example of how the cryptocurrency market can be volatile and spontaneous. Nevertheless, such events can trigger almost instant growth, attract new investors, and, at the same time, reveal the need for strong structure and proper regulation to avoid volatility.
Starting point is 00:03:47 Don't forget to like and share the story. Tip Vested Interest Disclosure This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag DYO Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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