Sociogram – The Outstanding SocialFi Project in Arbitrum network

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The expansion of SocialFi into the DeFi (Decentralized Finance) and Web3 social media markets represents a significant convergence of digital finance and social interaction.
SocialFi is bridging the gap between traditional financial systems and the emerging Web3 landscape, enabling users to seamlessly integrate their social media presence with decentralized financial services.
This expansion empowers users to leverage their social capital and online interactions to access financial opportunities within the DeFi space. By integrating social data and reputation into the DeFi ecosystem, SocialFi introduces innovative ways for individuals to tokenize their web2 profiles like Twitter accounts to make them valuable assets.
Here comes Sociogram – the first ERC20-based SocialFi social media. What are the main advantages and how did the team behind Sociogram reinvent SocialFi after the Friend Tech boom?
ERC-20 Tokens for Social profiles
The main advantage is a truly decentralized real token economy. Every user mints a batch of ERC-20 tokens once tokenized. Those tokens can be traded, transferred, and stored in a Web3 wallet like any other. Token creators earn 5% from every trade no matter buy or sell.
Exclusive perks for token holders
Access to special content similar to paid subscriptions for your favorite influencers, VIP chat rooms, and more exclusive perks for owning social tokens.
Lifetime referral system for everyone
Sociogram economy is based on a 10% referral commission from trading fees. A great opportunity to earn some passive income.
On top of this Sociogram is running $100,000 USDT SocialFi Launch event where users can do some easy tasks to share this pool!
Sociogram SocialFi is at the forefront of the Web3 social media revolution, offering a groundbreaking fusion of social interaction and decentralized finance. With Sociogram, users have the opportunity to not only connect with others but also earn cryptocurrency for their online presence. It represents a bold leap into the future where social media isn’t just about sharing, but also about monetizing interactions and connections.
Website – https://sociogram.org/
Twitter – https://twitter.com/SociogramSocFi
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Press Release 2
Trump Memecoin Faces Securities Allegations: Forbes Analysis

Trump Memecoin Accused of Securities Misconduct: Forbes Analysis
A recent Forbes article by Alexandra Andhov, a law professor at Auckland University, has raised serious allegations against TRUMP, the Solana-based memecoin issued by U.S. President-elect Donald Trump. Andhov asserts that TRUMP aligns with the Howey Test, a standard used to determine whether an asset qualifies as a security under U.S. law.
If proven, these allegations could have significant legal implications, even as the incoming Trump administration is expected to usher in new cryptocurrency regulations.
What Is the Howey Test?
The Howey Test, established by the U.S. Supreme Court, identifies four key criteria to determine whether an asset is a security:
- Monetary Investment: Involves investing money or assets.
- Common Enterprise: Investors pool resources into a shared venture.
- Expectation of Profit: Investors anticipate financial returns.
- Efforts of Others: Returns rely on the actions of a third party, such as promoters or managers.
According to Andhov, TRUMP satisfies all four elements of the Howey Test, raising the possibility that it could fall under securities regulation.
How TRUMP Meets the Securities Criteria
1. Monetary Investment
Andhov argues that TRUMP qualifies as a monetary investment since the public can purchase the tokens using fiat or cryptocurrency.
2. Common Enterprise
- Trump-affiliated entities reportedly control 80% of the token supply, and the tokenomics suggest a coordinated effort to tie investor returns to the project’s success.
- The token supply is set to expand from 200 million to 100 billion over three years, further linking investor gains to the project’s performance.
3. Expectation of Profit
- TRUMP’s marketing has fueled investor expectations of price gains, evident from its dramatic price fluctuations.
- Investors were drawn to the token not for utility but for speculative financial returns.
4. Efforts of Others
- Andhov highlights Trump’s active involvement in marketing and token supply decisions, stating that investor returns are heavily dependent on his efforts and brand.
Legal Implications for TRUMP Memecoin
1. SEC Regulation
If TRUMP is deemed a security, it would be subject to Securities and Exchange Commission (SEC) regulations.
- Compliance Requirements:
- Registration as a security.
- Disclosure of financial and operational information to investors.
- Potential Violations:
- Failure to comply with securities laws could result in penalties, fines, or enforcement actions.
2. Shift in Regulatory Environment
While the Trump administration is expected to introduce crypto-friendly policies, existing securities laws remain enforceable.
- Andhov warns, “Even under a pro-crypto administration, existing securities laws cannot be ignored.”
Criticism of TRUMP Memecoin
- Transparency Issues
- The lack of clarity around tokenomics, particularly the large allocation to Trump-affiliated entities, has raised concerns about transparency.
- Price Manipulation
- Dramatic price swings shortly after the token’s release suggest potential market manipulation.
- Ethical Questions
- The involvement of a sitting U.S. President-elect in a speculative financial product blurs the lines between personal ventures and public office responsibilities.
Supporters’ Counterarguments
Despite the criticism, supporters argue that TRUMP represents:
- Innovation in Finance:
- The memecoin demonstrates how celebrity branding can drive adoption in the crypto space.
- Decentralized Market Dynamics:
- Backers claim that the token operates within a free-market system, where investor choice dictates its value.
- Legal Gray Areas:
- Proponents contend that the evolving regulatory environment leaves room for tokens like TRUMP to innovate outside traditional frameworks.
Expert Opinions on TRUMP’s Legal Risks
Alexandra Andhov (Forbes Contributor)
- Quote: “TRUMP satisfies all four elements of the Howey Test. Its launch timing, dramatic price fluctuations, and centralized control make it a clear candidate for securities classification.”
Regulatory Analysts
- Many agree that TRUMP’s structure and marketing strategy could attract scrutiny from the SEC, even under a pro-crypto administration.
Crypto Advocates
- Some argue that the SEC’s application of the Howey Test is outdated and unsuitable for decentralized assets like memecoins.
Conclusion
The allegations that TRUMP memecoin may qualify as a security highlight the complexities of navigating cryptocurrency regulation in a rapidly evolving market. While the Trump administration’s crypto-friendly stance may shift the regulatory landscape, it remains unclear whether TRUMP can avoid scrutiny under existing securities laws.
As the cryptocurrency industry continues to mature, the case of TRUMP serves as a critical example of the challenges and opportunities that arise when traditional financial frameworks intersect with innovative digital assets.
To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.
Press Release 2
Bitcoin Magazine Labels Trump Memecoin as “Garbage Coin”

Bitcoin Magazine Criticizes Trump’s Memecoin as “Garbage Coin”
The highly respected Bitcoin Magazine, which hosted the Bitcoin 2024 Conference in July last year, has publicly criticized TRUMP, the Solana-based memecoin associated with U.S. President-elect Donald Trump.
In a post on its official X (formerly Twitter) account, Bitcoin Magazine labeled TRUMP a “shitcoin,” sparking a flurry of debate within the cryptocurrency community.
Bitcoin Magazine’s Statement
Bitcoin Magazine has long been a champion of Bitcoin and the broader principles of decentralized, trustless financial systems. Its critique of TRUMP stems from several perceived issues:
- Quote from X Post:
“Solana-based memecoin TRUMP of U.S. President-elect Donald Trump is a shitcoin.”
Key Issues Highlighted:
- Speculative Nature:
- TRUMP, like many memecoins, is seen as a speculative asset with no intrinsic utility.
- Association with Solana:
- Bitcoin maximalists are skeptical of alternative blockchain networks, viewing Bitcoin as the only legitimate cryptocurrency.
- Perceived Lack of Value:
- TRUMP is criticized for being purely hype-driven, with no clear roadmap or use case.
What Is the TRUMP Memecoin?
The TRUMP memecoin was launched ahead of Donald Trump’s inauguration, aiming to capitalize on his brand and appeal. Built on the Solana blockchain, it entered a market already saturated with meme-driven tokens like Dogecoin and Shiba Inu.
TRUMP Tokenomics:
- Total Supply: 100 billion tokens.
- Team Allocation: 35% locked for 3 years.
- Community Allocation: 20%.
- Utility: None announced beyond speculative trading.
Why Bitcoin Maximalists Oppose Memecoins
1. Focus on Fundamentals
Bitcoin maximalists prioritize projects that align with Bitcoin’s core principles: decentralization, censorship resistance, and a finite supply.
2. Lack of Utility
Memecoins like TRUMP are often criticized for lacking meaningful use cases. Instead, they rely on celebrity endorsements and social media hype.
3. Reputational Risks
The proliferation of memecoins has led to scams, rug pulls, and extreme price volatility, tarnishing the broader cryptocurrency ecosystem.
4. Diversion from Bitcoin Adoption
Memecoins are seen as distractions, diverting attention and resources from the goal of increasing Bitcoin adoption.
Supporters of TRUMP Memecoin
Despite criticism, TRUMP has gained traction in some circles:
- Celebrity Influence:
- The association with Donald Trump gives the coin immediate recognition and a dedicated following.
- Speculative Gains:
- Traders are drawn to TRUMP for its potential to generate quick profits amid market hype.
- Solana Network Benefits:
- TRUMP leverages Solana’s low fees and high transaction speeds to attract users.
Impact of Bitcoin Magazine’s Criticism
The statement from Bitcoin Magazine has intensified the divide between Bitcoin maximalists and memecoin proponents.
1. Reinforced Purist Sentiment
Bitcoin maximalists see the critique as validation of their skepticism toward altcoins and memecoins.
2. Market Reaction
The negative publicity could affect TRUMP’s trading volume and investor confidence, although its impact remains to be seen.
3. Broader Debate on Crypto Purpose
The clash highlights ongoing debates about the role of cryptocurrencies:
- Should they be serious financial tools like Bitcoin?
- Or can they exist as speculative, meme-driven assets?
Conclusion
Bitcoin Magazine’s labeling of TRUMP as a “shitcoin” reflects a broader tension within the cryptocurrency community. While memecoins like TRUMP thrive on hype and celebrity branding, Bitcoin purists view them as undermining the credibility of the crypto market.
As the debate continues, the success or failure of TRUMP will serve as a case study in the evolving relationship between Bitcoin maximalists and the memecoin phenomenon.
To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.
Press Release 2
Why Trump Launched Memecoins: “If You Can’t Stop It, Use It”

Trump’s Memecoin Strategy: Embracing a Free Market Approach
As the debate around cryptocurrency and its regulation heats up, Donald Trump, the President of the United States, has taken a unique stance by launching his own meme coin, TRUMP. Analysts suggest that Trump’s philosophy is rooted in a pragmatic approach: “If you can’t stop it, use it.”
This strategy not only embraces the unregulated nature of cryptocurrencies but also positions the TRUMP memecoin as a symbol of the free-market ethos underpinning his administration’s policies.
TRUMP Memecoin: A Liquidity Magnet
One of the most striking aspects of TRUMP is its ability to act as a “black hole” for global liquidity, absorbing investments from individual investors worldwide.
Key Highlights of TRUMP Memecoin
- Global Appeal:
- The TRUMP coin’s celebrity association and meme-driven marketing have made it a viral phenomenon, attracting investors across borders.
- Infinite Possibilities:
- The memecoin trend demonstrates the boundless creativity of the crypto market. TRUMP is just one of many celebrity-linked coins, but its symbolism as a political statement sets it apart.
- Free-Market Philosophy:
- Rather than pushing for stringent regulations, the Trump administration has chosen to embrace the decentralized and free-market principles of cryptocurrency.
“If You Can’t Stop It, Use It”: Trump’s Philosophy on Memecoins
1. The Inevitability of Cryptocurrencies
Cryptocurrencies have grown into a global phenomenon, with widespread adoption making them impossible to ignore. By launching a memecoin, Trump acknowledges this inevitability, aligning himself with the movement rather than opposing it.
2. A Free-Market Experiment
The Trump administration’s decision to “accept a free market instead of regulating it” reflects a belief in minimal government interference, even in an industry as volatile and disruptive as crypto.
- Quote: “Memecoins can take countless forms in the future, and their potential is infinite.”
3. A Symbol of Modern Populism
TRUMP coin embodies the populist appeal of Trump’s political brand, leveraging his global recognition to create a cryptocurrency that resonates with his supporters and beyond.
The Role of Celebrity Memecoins
Memecoins tied to high-profile figures like Donald Trump represent a new frontier in cryptocurrency.
- Marketing Power: Celebrity involvement creates instant visibility and credibility.
- Investor Psychology: Fans and followers are more likely to invest in a token associated with someone they admire.
- Cultural Influence: These coins are not just financial instruments but cultural phenomena.
Challenges and Criticisms of Trump’s Memecoin Strategy
- Regulatory Risks:
- Critics argue that by avoiding regulation, the TRUMP coin opens the door to market manipulation and speculative bubbles.
- Market Volatility:
- Memecoins are inherently volatile, and their price movements often leave late investors with significant losses.
- Ethical Concerns:
- Tying a cryptocurrency to a political figure raises questions about conflicts of interest and the blending of personal financial ventures with public office.
What Does TRUMP Memecoin Represent for the Crypto Market?
1. A Shift Toward Decentralization
The launch of TRUMP signals a growing acceptance of decentralized financial systems, even among traditional power structures.
2. Mainstream Adoption
High-profile memecoins like TRUMP encourage broader participation in the crypto market, introducing new investors to the ecosystem.
3. The Future of Celebrity Coins
- TRUMP’s success may inspire other public figures to launch their own cryptocurrencies, expanding the memecoin market exponentially.
Comparing TRUMP to Traditional Cryptocurrencies
Aspect | TRUMP Memecoin | Traditional Cryptocurrencies |
---|---|---|
Utility | Limited (primarily symbolic) | Functional use cases (e.g., payments, smart contracts) |
Volatility | Extremely high | Moderate to high |
Regulation | Unregulated | Varies by jurisdiction |
Market Drivers | Hype, celebrity appeal | Adoption, innovation, regulation |
How the Free-Market Approach Shapes Crypto Regulation
By choosing to embrace memecoins, the Trump administration underscores its commitment to fostering innovation in a free-market environment.
Advantages of the Free-Market Approach
- Encourages Innovation:
- Minimal regulation allows for creativity and rapid development.
- Attracts Global Investors:
- A permissive environment makes the U.S. a hub for crypto activity.
- Reduces Bureaucratic Barriers:
- Streamlined processes enable faster adoption and integration of new technologies.
Potential Risks
- Market Manipulation: Without oversight, bad actors could exploit the system.
- Investor Losses: Inexperienced investors may face significant financial risks.
Conclusion
Donald Trump’s launch of the TRUMP memecoin exemplifies his administration’s philosophy: “If you can’t stop it, use it.” By embracing the unregulated nature of cryptocurrencies, the Trump administration has signaled a willingness to adapt to the realities of a decentralized financial future.
While the TRUMP memecoin’s success highlights the potential of celebrity-driven cryptocurrencies, it also raises questions about market stability, regulation, and the long-term implications of this approach.
As memecoins continue to evolve, their role in shaping the future of finance and culture cannot be ignored.
To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.
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