The volatility of Bitcoin $104,674 continues, with Trump’s official meme coin capturing interest in altcoins. This situation has led to losses nearing 10% across various altcoins. At the time of writing, SOL ($277.31) Coin reached $288, currently striving to surpass its all-time high. What are the key unlocks for Trump Coin? Here’s what investors need to know.

The Emergence of Trump Coin

Donald Trump entered the recent elections as a crypto-friendly candidate, making several promises. Among these were the establishment of a Bitcoin reserve and alleviation of regulatory pressure on cryptocurrencies. While discussions continue on whether Trump will abandon these ideals, he has opted to issue his own meme coin, mocking Gensler in the process.

This indicates that we might see further price increases in the broader cryptocurrency market over the medium to long term. The official websi…