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View: Trump demonstrated a masterful performance of transforming presidential power into wealth in the United States.
Jinse Finance reported that the issuance of $TRUMP caught the encryption industry off guard. Analysis suggests that this issuance is either a signal of the peak in the cryptocurrency market’s history or the first day of a new round of irrational prosperity in an industry that has already experienced several similar frenzies. $TRUMP has greatly enriched Trump’s personal wealth, providing the encryption industry with a mechanism to transfer cash to him and creating an unstable financial asset that allows anyone in the world to speculate on Trump’s political fate. Given the broad interpretation of presidential immunity by the Supreme Court, such behavior is likely to be seen as legal. It can be said that Trump has demonstrated a masterful performance of transforming presidential power into wealth.