Are meme coins driven by social sentiment just a passing trend or do they have the potential to create real impact?

Donald Trump’s new cryptocurrency $Trump, launched on 18 January ahead of the US presidential inauguration, experienced a sharp surge in value this week before plummeting. This has reignited discussions about the volatility of the fast-growing meme coin market.

Amanda He, Chief Investment Officer of ChainUp Investment, shared with @FinancialNews by @DowJones , that "while these tokens generate considerable buzz and trading activity, it’s crucial to recognize that they are often fueled by social media sentiment rather than solid fundamentals."

Meanwhile, Bitcoin hit an all-time high of nearly $109,000 on the same day Trump took office, signaling optimism about crypto assets during his administration.

What’s your take on the recent buzz? Are we entering a new chapter for crypto, or is this just another bubble? Share your thoughts 👇

Read about Amanda's insights on meme coins here:#CryptoNews #Memecoins #Bitcoin #Trump #Trumpcoin #trumpmemecoin #CRYPTO #CryptoNews
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