Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Solana Forum => Topic started by: NotATether on January 18, 2025, 04:58:50 AM
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https://njump.me/nevent1qqs2yxkw3r4ce9xtd0q7matlmus0eumx0de4z8372936vr4m7sfx93szyrzgu20sfdyzesqu58u7lryxa7p33szeur5n2v34zchssrexu9xpzqgcwaehxw309aex2mrp0yhxummnw3exgand9e3k7mgppamhxue69uhkummnw3ezumt0d5q3gamnwvaz7tmwdaehgu3wdau8gu3wv3jhv2th25t
(https://i.nostr.build/azs0sO251jTwzD96.jpg)
Well we've had oodles of scammers launch their own MAGA-themed meme coins on various blockchains, but this one's from Trump himself.
It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that?
I mean, every single crypto project that Trump makes ends up in a grift one way or another ;D but the thing I wanted to talk to you guys about today is, Solana folks, are you happy with your blockchain being almost exclusively used for memecoins, in other words as some superior version of DOGE and that's it?
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I thought it was just going to be a bunch of nonsense but it turned out to be true that Donald Trump launched their meme token and it spiked within 2 hours, several exchanges listed with this meme token - so many people got FOMO - but I'm not going to get fomo.
I don't think this will last long, at the very least until Trump is in office after his term is over these tokens will plunge as usual.
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Pretty hard to believe, I'm waiting for official confirmation of Trump, but the damage is done :D
Lot's of new millionaires right now, but be careful guys, it's easy to lost money with these kind of coins
This is crazy:
(https://i.ibb.co/wR5xz0p/ape.png) (https://ibb.co/Bt0SCzT)
Source (https://ape.pro/solana/6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN)
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Instead of investing in this token I think it is a good opportunity to invest in Solana, the price has already risen by 10% and making gains in a day or two will not be difficult especially since the possibility of losing in the long run is less in Solana.
We now have a president with memecoin the world is changing to a different place.
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For high risk takers, this is a golden opportunity that should not be wasted, especially for emme coins investors who have been hunting for meme coins, this will be a good opportunity for them to take advantage of this moment.
However, for those who are not yet familiar with the situation and condition of meme coins, it is better to stay away from this FOMO. Because this will only make us lose more easily than profit. Because we may not even understand when to enter and when to hold until selling. or we may still be confused whether it is too late or not to enter the meme coin. And be careful, behind all the profits by certain parties, there must be many other parties who are affected by FOMO and lose, especially newcomers who are involved in FOMO.
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Pretty hard to believe, I'm waiting for official confirmation of Trump, but the damage is done :D
What?
This is official confirmation from Trump. He's the one who posted this. Meanwhile the old geezer himself still does not understand what crypto is, probably he is from the Boomer era where people like him do not understand technology. So I doubt he's out here looking to do anything with these projects. It's possible he simply asked his team to raise some more money for him using crypto.
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Pretty hard to believe, I'm waiting for official confirmation of Trump, but the damage is done :D
Lot's of new millionaires right now, but be careful guys, it's easy to lost money with these kind of coins
The chances of this memecoin not being Trump are slim, that is if Trump social media accounts were hacked, both on Twitter and Truth. Jupiter Exchange has announced a partnership with this project, so their accounts could have been hacked at the same time. I dare not believe in this coincidence, but I will still temporarily stay away from TRUMP token to focus on bigger projects in the market.
Currently, TRUMP has a marketcap of nearly $6B and is in the top #28. That is really impressive and I congratulate the investors who have invested and profited from this new memecoin.
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Wasnt it not allowed for a president to run a business openly? This seems illogical and unfair if country president runs a business, because with his decisions he could influence on that and manipulate everything. I hope that his is some kind of a joke by Trump, otherwise it isnt going to end good for him. Imagine would be, if the price pumps and he drops all of his tokens or create new - scamming people. Nobody would be even able to say a word against that. Who would try, when he has army and weapons behind him :)
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Pretty hard to believe, I'm waiting for official confirmation of Trump, but the damage is done :D
What?
This is official confirmation from Trump. He's the one who posted this. Meanwhile the old geezer himself still does not understand what crypto is, probably he is from the Boomer era where people like him do not understand technology. So I doubt he's out here looking to do anything with these projects. It's possible he simply asked his team to raise some more money for him using crypto.
It's all very crazy hahaha
I thought it was a hack or a misunderstand
Nobody expected that
30 USD right now :o :o :o
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The price of Official Trump coin is increasing rapidly and SOL is pumping a lot with it. Ahead of Trump's inauguration, the crypto world is making new waves. So it is to be expected that after Trump is sworn in he will do a lot with crypto. Many buy these coins with pleasure some for holding and some for fun. However, those who panic buy because of its rapid rise in price may lose heavily as it is very volatile.
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It's all very crazy hahaha
I thought it was a hack or a misunderstand
Nobody expected that
30 USD right now :o :o :o
This thing is going to pump for like 2 more days and then it's all going to come crashing down. If you don't buy this kind of shitcoin, which I totally understand (obviously), just place a bunch of futures orders for this price going short. There, easy money, and done without rug-pulling anyone :)
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The price of Official Trump coin is increasing rapidly and SOL is pumping a lot with it. Ahead of Trump's inauguration, the crypto world is making new waves. So it is to be expected that after Trump is sworn in he will do a lot with crypto. Many buy these coins with pleasure some for holding and some for fun. However, those who panic buy because of its rapid rise in price may lose heavily as it is very volatile.
Whats funny about this meme listing is that he hold into the 80% while people hunt around the 20% and they are buying, even the exchanges have listed it and it has suck all the liquidity to it. What I have learn today from this meme coins is that what people really criticized other coins are been ignored when it's the problem presidency coin.
How can one person hold the 80% of the maximum supply, the evaluation is so huge that it's the biggest meme coin to ever created in a day and no coin has achieved this amount of liquidity like this. That means people only criticized other coins because they want to and not because they think it's right thing to do but can't do the same for Trump coin.
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It's all very crazy hahaha
I thought it was a hack or a misunderstand
Nobody expected that
30 USD right now :o :o :o
This thing is going to pump for like 2 more days and then it's all going to come crashing down. If you don't buy this kind of shitcoin, which I totally understand (obviously), just place a bunch of futures orders for this price going short. There, easy money, and done without rug-pulling anyone :)
Can't believing its true or not with Donald Trump as US prrsident launching his official coins by using Solana betwork, its amazing significant movement of Trump official meme coins firstly launching with lower price under $1 and take few hours only raise up to $29.
I have tracker with Trump official coin holder have looks worry because any few wallet hold many coins and easily dropping to lower price if that wallet holding sell all trump coins. Left two days before Donald Trump appointing will his coins raise up kr get crash.
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This thing is going to pump for like 2 more days and then it's all going to come crashing down. If you don't buy this kind of shitcoin, which I totally understand (obviously), just place a bunch of futures orders for this price going short. There, easy money, and done without rug-pulling anyone :)
This is a good idea hehehe :)
Maybe I'll try Hyperliquid for first time to try to short this coin, maybe after Trump inauguration
But it's very risky to deal with these coins with high volatility
It's unpredictable, we are all trying to understand haha
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https://coinmarketcap.com/currencies/official-trump/
I see $TRUMP's marketcap skyrocketing so fast, this afternoon I saw that $TRUMP was still ranked 34 and now $TRUMP is ranked 14 on Coinmarketcap, I think this is an extraordinary madness from the cryptocurrency community.
It is very risky in my opinion because the utility of this $TRUMP coin does not exist yet, it is just a regular Meme coin and I am sure that Meme coins are usually used as a disposal tool or game by Whales. We have to be careful because maybe we buy $TRUMP coins now at a price of 61 dollars but tomorrow or the day after the price of $TRUMP coins will drop to 1 dollar.
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It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that?
Wait till they forget the reserves were supposed to be in Bitcoin and will be made from "Trump Coin New Ultra Maga 19th rebrandings now it's the real deal promise we won't make another one" coin.
The whole crypto thing has become a joke, Satoshi is probably spinning 20,000 RPM in his virtual or not grave by now, can anyone still remember why Bitcoin was born in the first place? Certainly not or this!
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I have no problem with TRUMP creating a Meme coin because it is his or his staff's right to create a Meme coin but what is certain is that everything when entering cryptocurrency must be DWYOR. I am sure Donald Trump must understand very well how cryptocurrency works so I am sure that Donald Trump's staff created the Meme coin with careful planning.
I praise him if this TRUMP meme coin was created on the Solana blockchain so that the ecosystem of this Solana coin rose so quickly, Solana, Raydium, ORCA and all the ecosystems of this Solana coin rose so quickly because I see evidence of it on the Binance market.
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For now it's logical to just join the hype while he is still the president and can influence the market including BTC since he is the first to have suggested BTC reserves and now he has a memecoin as well.
I think the possibility of having Altcoin reserves is high already which this memecoins such as Doge, Trump will be among them. We might as well be expecting Official Elon memecoin as well.
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It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that?
Wait till they forget the reserves were supposed to be in Bitcoin and will be made from "Trump Coin New Ultra Maga 19th rebrandings now it's the real deal promise we won't make another one" coin.
The whole crypto thing has become a joke, Satoshi is probably spinning 20,000 RPM in his virtual or not grave by now, can anyone still remember why Bitcoin was born in the first place? Certainly not or this!
Don't think they would be as bold as to do this.
Because in this case, it would be just madness and mayhem.
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Pretty hard to believe, I'm waiting for official confirmation of Trump, but the damage is done :D
Lot's of new millionaires right now, but be careful guys, it's easy to lost money with these kind of coins
~snip~
Currently, TRUMP has a marketcap of nearly $6B and is in the top #28. That is really impressive and I congratulate the investors who have invested and profited from this new memecoin.
Now it has even gone up in ranking because I saw on Coinmarketcap it is ranked 25th with a marketcap of around $35,391,338,422, unfortunately I don't dare to invest in this Meme coin because I think it doesn't make sense for me to invest in Meme coins.
Even though it has a very large marketcap asset and is supported by the Solana blockchain, I am not tempted at all to invest in this $TRUMP Meme coin, because I think the Meme coin is still a Meme coin and there is nothing special about Meme coins like that, it is useless.
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Now it has even gone up in ranking because I saw on Coinmarketcap it is ranked 25th with a marketcap of around $35,391,338,422, unfortunately I don't dare to invest in this Meme coin because I think it doesn't make sense for me to invest in Meme coins.
Even though it has a very large marketcap asset and is supported by the Solana blockchain, I am not tempted at all to invest in this $TRUMP Meme coin, because I think the Meme coin is still a Meme coin and there is nothing special about Meme coins like that, it is useless.
Better to send said funds on SOL itself, it would have a much better effect for your portfolio than trying to profit from TRUMP ;)
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Wait till they forget the reserves were supposed to be in Bitcoin and will be made from "Trump Coin New Ultra Maga 19th rebrandings now it's the real deal promise we won't make another one" coin.
The whole crypto thing has become a joke, Satoshi is probably spinning 20,000 RPM in his virtual or not grave by now, can anyone still remember why Bitcoin was born in the first place? Certainly not or this!
Well at least he gets to rest in peace and not have to think about this shitshow right now.
Allegedly the entire country of Cuba did a pump and dump scam on X/Twitter a few days later too. The audacity of these people, man!
Better to send said funds on SOL itself, it would have a much better effect for your portfolio than trying to profit from TRUMP ;)
Mainnet SOL is much better. It is not like all of these garbage tokens that are on Layer 2. I'm guessing Ethereum and Polygon devs must be very relieved that scammers are no longer preferring to use their blockchains for their pump&dump tokens.
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I have no problem with TRUMP creating a Meme coin because it is his or his staff's right to create a Meme coin
You have no problem with a government official using his position to promote the selling of an unbacked asset?
I assume you have no problem with bribery, corruption, or anything else as long as they are made with crypto, right?
Maybe even designating non-crypto owners as terrorists and executing them would not be a problem either.
https://decrypt.co/302202/trumps-meme-coin-whipsaws-says-he-doesnt-know-much-about-it
"I don't know much about it other than I launched it," Trump told reporters at a tech executive meeting. "I heard it was very successful. I haven't checked."
Allegedly the entire country of Cuba did a pump and dump scam on X/Twitter a few days later too. The audacity of these people, man!
But, but crypto was supposed to end the fiat scam!!!!
Oh, wait, bitcoin=/= crypto! :D
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^ It's about who launches the meme today, other things would be solved themselves.
The reputation of a person would just propel a token forward ;D
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Is this the official TRUMP?
https://coinmarketcap.com/currencies/official-trump/
If we look at it now, there has indeed been a fairly drastic decline after reaching its ATH, like other meme coins, the scheme is like that. It's just that, at least, the volume is still high, the market cap is also, and it has immediately risen to rank 26 on CMC.
This meme coin has become quite successful and is still holding on, yes because it is related to Trump, who has power, but we still have to be careful if we want to enter this coin, there is no guarantee of any profit, unless we do our own DYOR and find the ways to make it profitable.
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This meme coin has become quite successful and is still holding on
Still holding on after losing 60% for its ATH in less than one week?
It's not the coin holding on is bagholders being trapped and sometimes not even being able to sell because they have no knowledge on how to do it, most bought the coins following the instructions on the website and need to even figure out what they have actually bought.
Seriously, this is a disgrace for crypto.
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This meme coin has become quite successful and is still holding on
Still holding on after losing 60% for its ATH in less than one week?
It's not the coin holding on is bagholders being trapped and sometimes not even being able to sell because they have no knowledge on how to do it, most bought the coins following the instructions on the website and need to even figure out what they have actually bought.
Seriously, this is a disgrace for crypto.
Trump can always pump it back with some words or flashy news.
But totally, it's a very risky endeavor to keep holding onto it.
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Trump can always pump it back with some words or flashy news.
But totally, it's a very risky endeavor to keep holding onto it.
yes he can easily manipulate this coin but the question is will he? he has barely acknowledged it and people are even saying how he is too busy now to focus on crypto so there is definitely doubt about whether he will still bring up this memecoin
though if you already are holding some and there is no use of selling due to its price then just wait maybe his family will boost it again
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It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that? I mean, every single crypto project that Trump makes ends up in a grift one way or another ;D but the thing I wanted to talk to you guys about today is, Solana folks, are you happy with your blockchain being almost exclusively used for memecoins, in other words as some superior version of DOGE and that's it?
No, WLF is not forgotten at all since it is not memecoin it is involved with DeFi if my guess is right while TRUMP is the memecoin so they are two different beasts. Anyway, as to Solana becoming the prime network for memecoins, I am not complaining though I am not saying am really happy for it since I am sure that Solana has bigger potential but then for the meantime why not just enjoy what it got, in the first place? In 2025, memecoins will continue to be hoarding the attention and support it is getting but I know that people behind Solana know in their hearts that this may not be sustainable for the coming years so they can be devising ways and means to make Solana an all-powerful and inclusive platform later.
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yes he can easily manipulate this coin but the question is will he? he has barely acknowledged it and people are even saying how he is too busy now to focus on crypto so there is definitely doubt about whether he will still bring up this memecoin
though if you already are holding some and there is no use of selling due to its price then just wait maybe his family will boost it again
We cannot know exactly Trump plans with the TRUMP token. There are rumors that Trump has earned billions of USD in profits from TRUMP, and other rumors suggest that TRUMP is just the first step for Trump to build a community supporting him in the coming years. I don't invest in this memecoin, so I'm less concerned about conspiracy theories.
I only focus on observing the impacts of this memecoin on the market, and everything is quite positive. Many new investors have entered the market just because they heard about TRUMP, and TRUMP is their first crypto asset. Many users on Solana are also owning a memecoin for the first time instead of SOL or other DeFi tokens. TRUMP has truly stimulated excitement in the Solana ecosystem and the crypto market as a whole, indirectly bringing profits to investors in the upcoming bullrun.
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yes he can easily manipulate this coin but the question is will he? he has barely acknowledged it and people are even saying how he is too busy now to focus on crypto so there is definitely doubt about whether he will still bring up this memecoin
though if you already are holding some and there is no use of selling due to its price then just wait maybe his family will boost it again
There is a video where he was asked about his meme coin and he admited it was launched by him and even joke about it that he doesn't know how much it worth and when he asked the interview, he was not impressed with the market cap, could that some politician speaking because I don't no why anyone would say he is not satisfied with $10b worth of market.
Whatever he says in public, deep down I know his family and his great grand family are millionaires by now because the rich will definitely reach everyone, because even the wife launch her own meme coin as well.
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I mean, every single crypto project that Trump makes ends up in a grift one way or another ;D but the thing I wanted to talk to you guys about today is, Solana folks, are you happy with your blockchain being almost exclusively used for memecoins, in other words as some superior version of DOGE and that's it?
Haha that's a good question but Solana Kind a deserve this as it is the leading network for meme coin and it is not only working in the meme sector but in gaming, and L2 sector as well. Many new projects on Sol are coming. But the trend of meme coins will be on top due to the bull run.
Speaking of Trump token, it was a very unexpected event although I already saw the tweet from Trump before the acutally listing, but still I did not expect him to do that, because I was following his portfolio and the liberty portfolio from a long time and now he did this, still people made profit and some made loss, the act was very clever though.
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There is a video where he was asked about his meme coin and he admited it was launched by him and even joke about it that he doesn't know how much it worth and when he asked the interview, he was not impressed with the market cap, could that some politician speaking because I don't no why anyone would say he is not satisfied with $10b worth of market.
Whatever he says in public, deep down I know his family and his great grand family are millionaires by now because the rich will definitely reach everyone, because even the wife launch her own meme coin as well.
It was an opportunity to seize, and they did just that.
Hopefully, we won't see much of the same behavior from other bigheads going forward.
Because if that would be the fact, the strat would just to pour liquidity from one place to another till it bleeds out ;)
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Long ago it has gone beyond fomo so now you buy big money to lose. The trump coin suddenly made the market uninterrupted and its hype was made on social media. If you really want to get a profit from this type of meme coin then do not go out of fomo. Moreover, the highest price of trump coin was close to $71 where it is currently reduced and close to $ 16. Several Exchanges quickly supported Trump coin so that there is good profit from the ongoing hype. In fact, most of the fake coin are currently entering the market by helping many exchange so you have to be less dependent on Exchange.
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Long ago it has gone beyond fomo so now you buy big money to lose. The trump coin suddenly made the market uninterrupted and its hype was made on social media. If you really want to get a profit from this type of meme coin then do not go out of fomo. Moreover, the highest price of trump coin was close to $71 where it is currently reduced and close to $ 16. Several Exchanges quickly supported Trump coin so that there is good profit from the ongoing hype. In fact, most of the fake coin are currently entering the market by helping many exchange so you have to be less dependent on Exchange.
Every time there is FOMO, there are many victims of FOMO who lose their money in various amounts. And most of them are newcomers here who are indeed only carried away by FOMO, especially a global public figure who is indeed influencing. It's just that they don't have the right moment to buy and sell it.
And on the other hand, this FOMO scheme is utilized by parties who are already experienced in this pump and dump scheme, and in the end, they are the ones who reap huge profits from this FOMO scheme.
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I was a victim of FOMO for this coin :'(
Luckily I only bought one
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I was a victim of FOMO for this coin :'(
Luckily I only bought one
Well, if you only bought one coin, your losses were not excessive and you learned a very valuable lesson at a very low price. Other investors bought thousands of coins and lost almost all of their investment, something that is very difficult to recover from. In the forum you will find many personal experiences from many users and also a lot of useful information so that next time you do not get carried away by FOMO.
Welcome to the forum.
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I was a victim of FOMO for this coin :'(
Luckily I only bought one
Well, if you only bought one coin, your losses were not excessive and you learned a very valuable lesson at a very low price. Other investors bought thousands of coins and lost almost all of their investment, something that is very difficult to recover from. In the forum you will find many personal experiences from many users and also a lot of useful information so that next time you do not get carried away by FOMO.
Welcome to the forum.
Thanks!
Unfortunately, inexperience has a cost... I'll be much more careful next time!
However, this also inspired me to create my own joke memecoin.
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Thanks!
Unfortunately, inexperience has a cost... I'll be much more careful next time!
However, this also inspired me to create my own joke memecoin.
I hope you learned your lesson and you won't go near memes after such an experience ;)
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Starting tomorrow, a few decimal points of Trumpcoin will be distributed via Crypto.com's Supercharger.
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Long ago it has gone beyond fomo so now you buy big money to lose. The trump coin suddenly made the market uninterrupted and its hype was made on social media. If you really want to get a profit from this type of meme coin then do not go out of fomo. Moreover, the highest price of trump coin was close to $71 where it is currently reduced and close to $ 16. Several Exchanges quickly supported Trump coin so that there is good profit from the ongoing hype. In fact, most of the fake coin are currently entering the market by helping many exchange so you have to be less dependent on Exchange.
People buy what they want and I don't blame the founders that launch meme coins, it's the people that rush to buy them and cry later for losing money into gambling when they can invest in Bitcoin and other utility coins, they don't enjoy when it's announce a project for the tech is there, they just want to buy and sell meme coins and nothing else.
Trump coin is one the last meme coins that will ever have such type of demand because the president had the opportunity to make history but the greed of their family spoilt everything for them, the coins are now down badly like it's indded a real meme coin.
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People buy what they want and I don't blame the founders that launch meme coins, it's the people that rush to buy them and cry later for losing money into gambling when they can invest in Bitcoin and other utility coins, they don't enjoy when it's announce a project for the tech is there, they just want to buy and sell meme coins and nothing else.
Trump coin is one the last meme coins that will ever have such type of demand because the president had the opportunity to make history but the greed of their family spoilt everything for them, the coins are now down badly like it's indded a real meme coin.
I don't hate TRUMP, I see it as a valuable memecoin in this market because it's associated with Trump's image. However, I don't dare to buy it because I don't have enough faith in what memecoins can bring, they're just a game of chance and I don't gamble with my meager capital.
I hope the TRUMP price will increase soon, because I believe that when crypto grows thanks to friendly policies from Trump's government, the TRUMP token will be mentioned again and have an impressive price increase. At that time, perhaps many people will regret not buying TRUMP when the price was around 10 USD.
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People buy what they want and I don't blame the founders that launch meme coins, it's the people that rush to buy them and cry later for losing money into gambling when they can invest in Bitcoin and other utility coins, they don't enjoy when it's announce a project for the tech is there, they just want to buy and sell meme coins and nothing else.
Trump coin is one the last meme coins that will ever have such type of demand because the president had the opportunity to make history but the greed of their family spoilt everything for them, the coins are now down badly like it's indded a real meme coin.
I don't hate TRUMP, I see it as a valuable memecoin in this market because it's associated with Trump's image. However, I don't dare to buy it because I don't have enough faith in what memecoins can bring, they're just a game of chance and I don't gamble with my meager capital.
I hope the TRUMP price will increase soon, because I believe that when crypto grows thanks to friendly policies from Trump's government, the TRUMP token will be mentioned again and have an impressive price increase. At that time, perhaps many people will regret not buying TRUMP when the price was around 10 USD.
I hope this too, but I bought it for 48 USD ;D
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Long ago it has gone beyond fomo so now you buy big money to lose. The trump coin suddenly made the market uninterrupted and its hype was made on social media. If you really want to get a profit from this type of meme coin then do not go out of fomo. Moreover, the highest price of trump coin was close to $71 where it is currently reduced and close to $ 16. Several Exchanges quickly supported Trump coin so that there is good profit from the ongoing hype. In fact, most of the fake coin are currently entering the market by helping many exchange so you have to be less dependent on Exchange.
People buy what they want and I don't blame the founders that launch meme coins, it's the people that rush to buy them and cry later for losing money into gambling when they can invest in Bitcoin and other utility coins, they don't enjoy when it's announce a project for the tech is there, they just want to buy and sell meme coins and nothing else.
Trump coin is one the last meme coins that will ever have such type of demand because the president had the opportunity to make history but the greed of their family spoilt everything for them, the coins are now down badly like it's indded a real meme coin.
From the beginning of the coin launch, I didn't see anything clear. What I could see was that they took advantage of the situation because Trump had just been elected, and yes they took advantage of that to create hype and that happened.
The big name that Trump has is the trigger and at the same time they don't seem to have a long-term plan and that's how meme coins are created.
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From the beginning of the coin launch, I didn't see anything clear. What I could see was that they took advantage of the situation because Trump had just been elected, and yes they took advantage of that to create hype and that happened.
The big name that Trump has is the trigger and at the same time they don't seem to have a long-term plan and that's how meme coins are created.
Trump won the election and Bitcoin was pumping everywhere, they used the opportunity to make their own money as well and what they did was greediness that buried that coin, they kept 80% to their own treasury and then further distrubuted 20% among their self that's why the coin was running, only few supply was around for trader.
By the time the rest of the coins are release to the market, that's when we are going to see those coins in supply and by then, he would come back again to give support to crypto as usual so they can dilute the remaining before they exit their political office in the next election.
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The big name that Trump has is the trigger and at the same time they don't seem to have a long-term plan and that's how meme coins are created.
I think the launch of the Trump meme token came as a surprise to many users, as did the way its price was manipulated afterward. Users probably expected a more responsible strategy from the team behind a meme token dedicated to the president rather than a typical rug-pull scheme.
By the way, it's worth noting that the media has repeatedly pointed out that there are insiders in Trump's entourage who abuse their positions to earn millions of dollars, and who haven't even tried to hide it.
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The big name that Trump has is the trigger and at the same time they don't seem to have a long-term plan and that's how meme coins are created.
I think the launch of the Trump meme token came as a surprise to many users, as did the way its price was manipulated afterward. Users probably expected a more responsible strategy from the team behind a meme token dedicated to the president rather than a typical rug-pull scheme.
By the way, it's worth noting that the media has repeatedly pointed out that there are insiders in Trump's entourage who abuse their positions to earn millions of dollars, and who haven't even tried to hide it.
Yes, it is indeed manipulated in such a way that in a very short time the price soars and also quickly the price goes down again.
Many small investors are FOMo, they don't want to miss out but in the end they also have to accept the fact that their money has to be tied up because the price has plummeted in a very short time.
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The big name that Trump has is the trigger and at the same time they don't seem to have a long-term plan and that's how meme coins are created.
I think the launch of the Trump meme token came as a surprise to many users, as did the way its price was manipulated afterward. Users probably expected a more responsible strategy from the team behind a meme token dedicated to the president rather than a typical rug-pull scheme.
By the way, it's worth noting that the media has repeatedly pointed out that there are insiders in Trump's entourage who abuse their positions to earn millions of dollars, and who haven't even tried to hide it.
Many were really surprised and disappointed by the Trump coin, because what they thought would continue to rise by $100 did not happen, but rather there was a rapid or sudden drop in its price which was seen as a rug pull moment and many were liquidated, probably those who took long positions in futures.
Now, in the spot market, many stocked up because the price had already dropped so much that they had no choice but to wait for the price to rise again in the market to return to the price they bought at.