Looking at XRP, SOL and ADA on CoinMarket, it appears a lucky few traded between 9:00 am and Trump's 10:24 am social media announcement. Yes, the run up on all three started before Trump II, the digital Caligula's "truth social blast."
Solana's inclusion is a nod to Crypto Czar David Sacks, an early Solana investor, while Cardano claims ties to Paul Atkins, new SEC Chairman.
Even Trump's meme coin, which trades on Solana, had a big pre-run and is up big.
This group gets to buy with a little help from their friends (insider information).
The Trump team declared today it would not enforce another law on the books, one intended to help block money laundering. Money launderers are frequent users of crypto.
Is that Pumpin' Trump dance the old Washing Machine?
Update: Eric Trump posted on Dad's logic with the Sunday morning crypto pump. Was it because the "stand down" regulators were at home working on their five-bullet-point e-mails to Elon? Also, did Donald post that from his church pew?
A Bloomberg TV anchor just called it the "Trump Pump". Trump II just bragged about not enforcing the money laundering law passed by Congress.
