Gold longs Peter Schiff talks about $TRUMP's pump rise: Why doesn't the Trump media emulate the flywheel strategy of WeChat?

With Trump's own meme coin $TRUMP reaching a peak market capitalization of $14.54 billion in just two days, it shows the amazing potential of meme coins. Peter Schiff, who is long on gold, also joked about this and suggested adding the coin to his personal retirement account or following MicroStrategy's strategy to leverage the Trump media group.

(Gold advocate Peter Schiff: Bitcoin is America's public enemy No.1, the government bribes encourage people to waste money)

Schiff: $TRUMP is qualified to be called digital gold

In just a few days, the meme coin $TRUMP has caused a sensation in the market, quickly becoming the focus of the cryptocurrency world. Since last Friday, the price of $TRUMP has surged 40,000%.

In response, Peter Schiff, Chairman of precious metals trader SchiffGold, jokingly tweeted, "Bitcoin took 8 years to reach this Market Cap, while $TRUMP achieved this feat in just two days."

The Market Cap of $TRUMP has exceeded that of the world's largest gold producer, NEM, by 50%. Obviously, it is more valuable for storage than Bitcoin and is the new "digital gold".

(The next president of the cryptocurrency coin? What can the meme coin $TRUMP revolution bring?)

Is $TRUMP becoming a strategic reserve?

At the same time, Schiff also jokingly suggested that in order to further enhance the global status of $TRUMP, it could be considered to include it in the national strategic reserve:

We should establish strategic reserves and require that 10% of all individual retirement accounts (IRA) be allocated to $TRUMP, while imposing a 100% tariff on countries that do not allocate 10% of their foreign exchange reserves to $TRUMP.

(With the rise of digital gold, can Bitcoin replace gold as a national reserve or de-dollarization tool?)

Why not emulate the Weicheli 21/21 plan?

Schiff further joked that Trump's Trump Media and Technology Group (TMTG) could follow MicroStrategy's Bitcoin flywheel strategy and add $TRUMP to the company's balance sheet:

In this way, TMTG can issue convertible bonds through its own cash and sell stocks, using the funds raised to purchase more $TRUMP and push up the price.

And added, "This virtuous circle can even allow Trump's net worth to surpass Musk."

However, in fact, this 'price growth drives capital inflows' model is actually a high-risk financial leverage operation, which is prone to rapid collapse due to market confidence. It may be feasible for Bitcoin, but adopting this strategy with Dogecoin could endanger the financial stability of the company and lead to legal risks.

(Understanding MicroStrategy from scratch: the transformation from Business Intelligence (BI) to the Bitcoin empire)

Even though $TRUMP's rapid rise has become a major speculative tool in the crypto market, its future stability and long-term value will depend on whether it can successfully integrate into more practical applications and gain broader support. With its growing global influence, whether $TRUMP can continue to survive still needs time to verify.

This article is about Peter Schiff's gold long positions and the surge of $TRUMP: Why shouldn't Trump media emulate the flywheel strategy of MicroStrategy? It first appeared on Chain News ABMedia.