Beniamin Mincu | mvx/acc 🔥🛠️ (@beniaminmincu): A few thoughts on Trump coin:

A few thoughts on Trump coin: 1. What is happening is unprecedented. This is a new type of token, that has broken the mental model of most in the crypto space 2. Most of the people, even in the trenches, are frustrated, mad and in disbelief because of it; taking it too seriously will probably make you feel somewhat hopeless 3. On the one hand, this is the biggest experiment, fastest growing asset, a pure meme coin, launched by the most powerful man in the world — the President of the United States 4. On the other, it is in stark dissonance with current market valuation models; most people are still largely left out and mind blown: coping in disbelief, deployed too little, or missed it completely 5. For perspective, at 145/coin Trump surpasses Gates in wealth, at 205/coin he surpasses Zuckerberg, at 225 Elon, and at 270 he becomes the richest person in the world; (think about that for a second; insane, literally) 6. This might be the biggest invitation and validation for the masses — legitimizing and defining a new niche of entertainment and user generated finance; or the biggest flop for the entire crypto ecosystem — driving a hard blow to its reputation and adoption; 7. *If it doesn't break everything*, the scale and speed of this experiment will open a new market discovery phase for the entire space: one iterating on better valuation and monetization models for attention, outreach, brand and entertainment 8. Melania Coin -- have no actual comment on this 9. If you're a builder, it's THE time to build. Get out of your head. Look around. Be curious. Times will constantly change, just find a way to be useful. Soon enough, I expect liquidity to begin rotating heavily. These are the signs that users will be coming in big time. Maybe not for the use cases we initially thought, but they are coming.