It's believed that the Trump family's political influence, coupled with the US government's push for blockchain-friendly legislation, created regulatory tailwinds for ABTC. However, the highly volatile first-day market also reminds investors that mining costs, Bitcoin prices, and policy changes can all impact company valuations. For Taiwanese investors, ABTC offers a new avenue for exposure to Bitcoin-related stocks, but this approach requires careful consideration of risk tolerance. Whether ABTC can continue to thrive by leveraging its dual advantages of "political power" and "computing power" remains to be seen in its subsequent operations and fundraising progress. The massive volume and magnitude of its first day of trading only serve to mark a new beginning in the interaction between crypto mining companies and Wall Street.
- 0 replies
- 0 recasts
- 0 reactions
TRUMP: Trump Meme is an emotional coin driven by political topics. It has been fluctuating downward since its launch in January. The Trump crypto dinner in May triggered a round of recovery, but it is still in a state of decline and is sensitive to event catalysis. FARTCOIN : Its popularity stems from humorous themes and virality: users submit fart jokes or memes to earn coins, and each transaction generates a digital fart sound. Combined with AI narratives (created by AI Truth Terminal), it is called an AI-meme hybrid that easily triggers FOMO. USELESS : USELESS emphasizes "uselessness" as its selling point, satirizing the empty promises of other coins and becoming the most honest meme coin. The higher the price of the coin, the more useless it is, and the more likely it is to attract speculation.
- 0 replies
- 0 recasts
- 0 reactions
Bitcoin’s tight consolidation and Ether’s shallow pullback suggest a directional move could be around the corner.
- 0 replies
- 0 recasts
- 0 reactions