π¨ TRUMP Crypto Whale’s $15M Loss: A Tale of Hubris and Hubbub π¨
Oh, the woes of a TRUMP crypto whale! π³ This self-proclaimed “big league” trader has seen its overall losses balloon to a whopping $15 million, all thanks to the PolitiFi token’s precipitous 10% drop this Friday. π
The Whale’s Desperate Dumps
According to an X post by Lookonchain on March 28, our hapless whale sold a staggering 743,947 tokens, worth a cool $7.92 million, in the past 24 hours. π€― Alas, this trade maneuver left the trader with a severe $3.3 million loss, courtesy of an average sale price of $10.66. π«
But wait, there’s more! π Data suggests that this whale only profited on its first trade with the PolitiFi token. All subsequent trades brought losses, totaling a whopping $15.7 million. π¨ Ouch! π€
The TRUMP Coin’s Fall from Grace
Remember when the TRUMP coin was all the rage? π It shot up from $8 to $74 in a week, securing a spot on every crypto trader’s radar. π But, alas, all good things must come to an end. The token’s price crashed to a paltry $10, and as of press time, it’s trading at $10.35. π
The market’s waning action seems to have prompted the whale’s selloff, and market watchers are taking a cautious approach, reflecting a loss of confidence in the asset’s future potential. π€
Can TRUMP Price Recover?
One can only wonder if the TRUMP coin will ever recover to its former glory. π€·ββοΈ A renowned market analyst has offered a bullish outlook, citing a double bottom pattern and potential for a bullish reversal. π The next price target? $13, with a possible rally to $18 or even $25. π
But, alas, a trading session above $50 and near previous highs remains a distant dream, as the token has slipped from the top cryptos by market cap to a mere 45th place. π
A recent TRUMP price prediction by CoinGape revealed a 61% bias in favor of bears, adding to market concerns surrounding the coin’s future price prospects. π¨
However, as Donald Trump continues to usher pro-crypto movers in the U.S., market watchers anticipate some relief in price movements ahead. πͺ After all, the token did rally 10% in just a day last week, only to fail to sustain the momentum. π€¦ββοΈ
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2025-03-28 15:33