The chief investment officer at a digital asset investment firm believes the launch of the Official Trump (TRUMP) memecoin has marked a new age in crypto adoption.
Arca CIO Jeff Dorman says on the social media platform X that the TRUMP meme token is “incredibly long-term bullish” for the digital asset industry.
According to Dorman, token issuers and investors have nothing more to fear from US regulators now that incoming President Donald Trump himself is both a crypto asset issuer and investor.
“Now, just because the President issued a memecoin doesn’t mean the entire world will only focus on memecoins. Trump validated the technology, yet introduced only one use case of the technology. Potential issuers and investors can see beyond this limited use case.
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