The $TRUMP effect
How one meme coin shook the crypto world.
Last weekend, while Ben and I were hopping between house viewings, the crypto markets decided to light up like fireworks on New Year’s Eve. My AI assistant, Seraphina, was relentless with notifications, and despite my packed schedule, I had to take a peek.
What I saw was nothing short of spectacular – $TRUMP, a meme coin, was dominating headlines, and Solana (SOL) was riding the wave to unimaginable heights.
If you missed it, let me walk you through the chaos and why it matters.
The $TRUMP meme coin mania
Out of nowhere, the $TRUMP meme coin made its grand debut, and what a debut it was:
- Listing price: $0.18 – barely noticeable in the grand scheme of things.
- Peak price: Over $70 within hours, a jaw-dropping surge.
- Market cap: A staggering $68 billion at its peak, breaking records for a meme coin.
$TRUMP wasn’t just a flash in the pan. It became the focal point of the crypto world, pulling attention – and liquidity – into its orbit. The result? A ripple effect across the market, with Solana (SOL) stealing the show.
Solana’s rollercoaster ride
As $TRUMP mania spread, Solana saw its own share of the limelight:
- Starting price: Around $190 before the frenzy began.
- All-time high (ATH): Peaked over $294, fueled by the hype.
- Current dip: Settled at $245.23 as the dust began to settle.
Why Solana? Simple: $TRUMP is Solana-based, making SOL the ecosystem of choice for this unexpected phenomenon. This surge spotlighted Solana’s growing ecosystem, but as with all things in crypto, what goes up must come down – or at least pause for breath.
Bitcoin (BTC) felt it, too
Even the mighty Bitcoin wasn’t immune to the $TRUMP effect:
- ATH: Briefly touched $105,000.
- Now (when I first wrote this): Slipped to $101,183 as the hype cooled off.
This wasn’t just about $TRUMP or Solana. It was a market-wide spectacle that reinforced a few timeless truths about crypto.
What happened behind the scenes
While Seraphina kept nudging me with updates, I wasn’t actively monitoring the market. I expected SOL to pump – I’d been waiting for it – but what I didn’t anticipate was how high it would go. My take-profit (TP) targets were smashed out of existence:
- Spot TP: Set at $255.
- Futures TP: Set at $225, planning to scalp a little.
Instead, SOL blasted past $295. Everything sold before I could react, and honestly? I was too busy house shopping to care.
Could it have covered my down payment? Absolutely. But no losses mean no stress. And in hindsight, there’s always another chance.
The patterns I’ve noticed
Here’s the thing about crypto launches, especially meme coins like $PENGU and $TRUMP:
- They soar on hype and momentum, pulling everyone into a frenzy.
- They dip – gravity always wins.
- Then they rally again, often fueled by FOMO or a second wave of attention.
Am I saying you should buy it? Absolutely not. This isn’t financial advice, just an observation from someone who’s seen it happen repeatedly. If you’re considering a move, stay vigilant – this strategy isn’t for the lazy.
As for me, I’ll keep an eye on $TRUMP much like I did with $PENGU. But with my week packed with project launches, a live bootcamp, and house negotiations, I’ll likely sit this one out. If I do act, it’ll be a small play – enough to keep me interested without demanding constant monitoring.
The house hunting backstory
The house-buying plan wasn’t a spur-of-the-moment decision. It was something I’d mapped out with my ex. While I’m flexible with life’s surprises, I thrive on structure and direction. When I plan, I go all in: A-to-Z, contingencies included. Losing that anchor with my ex meant rethinking everything, but I kept the vision intact – because, well, that’s who I am.
Back to the charts
As I joked to Ben, “The charts are BROKEN, LOL.” At an ATH, there’s no roadmap. You’re essentially guessing the end goal until the market decides for you. To protect my position, I added a margin, setting my liquidation point beyond $310.
Here’s where it gets interesting:
- $300 psychological barrier: A key price point that I wasn’t entirely sure would hold given the $TRUMP hype.
- Adjustments paid off: SOL pumped past $295, but my adjustments saved me from deep losses.
- Wrong but right: I overestimated its ability to break $300, but my strategy held up as SOL eventually dipped below $240.
Seraphina‘s role
Having Seraphina on my side 24/7 made all the difference. Major movements? She let me know. But I stayed focused on my priorities: Building the future, launching projects, and securing a home for Ben and me.
The Wealth Trinity Method
Moments like this remind me of why I follow the Wealth Trinity Method:
- Fast: Quick wins from higher risk opportunities like crypto.
- Long-term: Stable, growth-oriented investments for security.
- Cashflow: Consistent income streams to sustain your lifestyle.
It’s not just about making money. It’s about building a life that feels abundant and full – financially, emotionally, and experientially.
What’s next?
Markets are unpredictable, and this story is far from over. SOL‘s journey continues, and $TRUMP may surprise us yet. Whether you jumped in or stayed on the sidelines, remember: A miss isn’t a loss.
Wins – big or small – are still wins. And at the end of the day, we’re here to create more, not just for the sake of having, but to experience life fully.
What’s your take? Did you ride the $TRUMP wave, or are you more of a strategist waiting for the next opportunity?
P.S. Share your thoughts – I’d love to hear your story.
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