The issuance of $TRUMP caught the crypto industry off guard. Analysts believe that this issuance is either a peak signal in the history of the cryptocurrency market or the first day of a new round of irrational exuberance in an industry that has experienced several rounds of similar frenzy. $TRUMP has greatly enriched Trump's personal wealth, provided the crypto industry with a mechanism to send him cash, and created a volatile financial asset that allows anyone in the world to speculate economically on Trump's political fate. Given the broad interpretation of presidential immunity by the Supreme Court, such actions are likely to be considered legitimate, and it can be said that Trump has displayed a masterclass performance of transforming the power of the US president into wealth.