The TRUMP factor — We can’t ignore memecoins any more
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 20 2025Memecoins gaining legitimacy: The launch of Donald Trump's memecoin, TRUMP, and the rise of other memecoins like DOGE have significantly increased their market cap, challenging traditional financial perceptions and showcasing their potential as serious investment categories.
Cultural relevance and community engagement: Memecoins are not just financial instruments but also reflect a cultural phenomenon, fostering community and belonging among investors, particularly younger generations who seek accessible investment opportunities amidst economic challenges.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
