TRUMP Meme Coin: Why You Shouldn’t Be Investing Your Last Coin

TL;DR

  • TRUMP coin soared to $70, then crashed to $50, thanks to Melania’s coin.
  • Analyst says focus on other altcoins instead of TRUMP at current levels. 🤦‍♂️

Focus on These Cryptocurrencies

The past weekend was like a wild rollercoaster ride for crypto, with Donald Trump launching his very own meme coin, TRUMP. 🙄

It went from zero to hero, flipping Shiba Inu off its throne with a market cap of over $14.5 billion. But then, like a Christmas tree after New Year’s, it lost some sparkle, dropping to around $9.9 billion. Shiba Inu is back on top, thank goodness. 🤦‍♂️

Some quick traders made millions, but don’t be fooled. Analyst Michael van de Poppe thinks buying TRUMP now is like betting on a horse that’s already run the race. He suggests looking at altcoins that took a tumble, like Binance Coin (BNB), Dogecoin (DOGE), and Shiba Inu. 🐕‍🦺

These coins are doing great, thank you very much, and Bitcoin (BTC) just hit an all-time high of $110,000. 🚀

TRUMP’s Decline

TRUMP’s price started to dip after Melania Trump launched her own coin. It peaked at $70 but is now around $50. 🤦‍♂️

Remember, these coins are super volatile, and 80% of TRUMP’s supply is controlled by two entities. They could pull the plug anytime. 🤬

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2025-01-20 21:11