To now that he has launched the $trump token, where would his priority lies in the future. Bitcoin or his memecoin? This is something to think about the future of bitcoin and the trump effect, what does this make for the latest development.
Why take it so seriously that Trump can bring change to bitcoin? Indeed, the effect produced earlier when Trump was always active in providing different views in his pre-election promise about bitcoin made the market volatile but that does not mean Trump can control and make it seem as if bitcoin can be influenced by him because all will be the same where bitcoin cannot be intervened by anyone including Trump.
To be honest with this understanding where Trump is always considered as the bearer of bitcoin to the price of $100k is an exaggeration for me because after all even though it cannot be denied that Trump took a little part in this but his presence on bitcoin is actually not that influential so why think about Trump's words because in the end bitcoin will always be on its own path especially when talking about the future.
Why Trump seemed to be relevant in the crypto space lately is because of his campaign promises which he's likely going to bring in regulatory clarity in the crypto industry and also make US a crypto-friendly country with its Bitcoin strategic reserve, and therefore paving way for more institutional investors to come in, by these policies he's going to enact will solidify investors confidence. However, it doesn't mean that suddenly Bitcoin has become tied to Donald Trump and the United States to exit or surge in price, even though Trump failed to fulfill his campaign promises Bitcoin would continue to exist with or without Trump.