On January 20, Donald Trump will take business again. Crypto degens are betting on the pardon of the 47th President of the United States using Solana image coins in anticipation of the new plan.
Betters on Polymarket, a crypto forecast market, position Ross Ulbricht, the leader of virtual black business Silk Road, as the most likely one person to receive a reprimand from Trump at 74 %. This comes several weeks after the Republican pledged to forgive Ulbricht once more as president. Unsurprisingly, the Silk Road leader clearly welcomed the announcement.
Degens have been creating a flurry of Solana meme coins in order to wager that their value will skyrocket when ( or if ) Trump fulfills his promise.
Ross Ulbricht ( ROSS), a Solana meme coin, was born as part of the pardon promise in May, and spends the majority of the year below the$ 1 million market cap. But in November, when Trump secured success in the U. S. vote, the gift went conical. It soared more than 3, 300 % over the following month to a market cap of$ 15 million. Despite a couple of corrections, the token has continued to climb another 97 %, now sitting at a market cap just shy of$ 30 million.
Ulbricht was sentenced to life incarceration for drug smuggling, computer hacking, and money laundering. These accusations relate to the establishment of Silk Road, a darknet marketplace that allowed anything to be sold on it and made use of Bitcoin ( BTC ) as its main form of currency. The website also sold legitimate goods like clothes, and it even had a book club, despite its reputation for selling illegal drugs.
As for, there is more than one image gold dedicated to Ulbricht’s flexibility.
Free Ross Ulbricht ( FREEROSS) has also climbed over 900 % to a market cap over$ 1.5 million since Trump’s victory. Equally, Dead Pirate Roberts ( DPR ), a Solana meme coin dedicated to Ulbricht’s online pseudonym, has climbed 19, 949 % to a market cap of$ 890, 000 over the same time frame.
On Thursday, Pump. fun token Rosscoin ( ROSSCOIN ) launched catapulting to a$ 35 million market cap in a matter of hours. Players can move around interacting with things to learn more about Ulbricht’s history on this token’s website. Additionally, it appears that the coin has an AI bias, with its X account being run by an ostensible framework that employs several Artificial agents.
Apart from Ulbricht, there aren’t huge amounts of Solana meme currencies dedicated to probable Trump clemency. But, there are others.
A Pump. Fun token, which was introduced in June, moved to December as degens speculated that Edward Snowden, a whistleblower, had been pardoned. At the time of writing, Solana meme coin Pardon Snowdon ( SNOWDEN ) sits at a$ 700, 000 market cap.
On Polymarket, crypto betters believe that Trump is most likely to pardon any of the January 6 protesters within his first 100 days in office, at a 97 % chance. In subsequent is Ulbricht, followed by New York president Eric Adams, who is facing federal fraud and bribery charges, next WikiLeaks founder Julian Assange and Snowden.
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