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Following
SOL Trump's remarks triggered violent fluctuations in low-market-cap Meme coins
A typical case has once again emerged in the cryptocurrency market, showing the impact of remarks by politicians (such as Donald Trump) on low-market-cap Meme coins. In a speech to the United Nations General Assembly, U.S. President Donald Trump said that rather than restricting the development of artificial intelligence, it is better to encourage the emergence of "super intelligence." He also announced that in U.S. government documents, the term "superintelligence" will be used to refer to artificial intelligence.
Stimulated by this news, the price of a Meme coin called Super Inu, which is based on the Solana chain and inspired by the remarks, soared by more than 300% in a short period of time. Data shows that the market value of the token after this surge reached approximately US$7.23 million. It is reported that Super Inu is linked to tokenized Nvidia shares and is issued through the Stonk platform.
However, Trump did not mention the Super Inu token in his speech. There is currently no conclusive evidence that the token has an official connection to the U.S. government, Donald Trump or the Trump family.
It is worth noting that even small purchases of low-market-value Meme coins may cause the price to rise sharply; conversely, once selling pressure begins to appear, the price may plummet quickly.
The above content does not constitute investment advice.
