Was the Trump token just an sort of giveaway by Trump?

[yhiaali3]

This is the world of crypto, for there to be winners there must be losers, the lucky ones are those who take advantage of the opportunities at the right time and the losers are those who always come late.

So you're saying we should legalize Ponzis as long as everyone is doing his research before?
Why no pardon Maddof then?

No, I'm not saying we should legalize Ponzi schemes as long as everyone does their research beforehand, but I am saying that this is the nature of cryptocurrencies.

In order for you to sell any coin at a high price, there has to be someone buying on the other side, meaning that when you make a profit because you sold the coin at a high price, there is someone who loses because they bought at a high price.
The only exception is Bitcoin because it always goes up in the long run.

[Igebotz]

There is no team; the coin was created based on hype. It's been three days since the price began dumping, and there has been no update from the developers, no word from Trump, and no promotion; the price has simply continued to drop, and investors are fleeing.

I simply want to believe that Donald Trump has chosen to stay silent about his Token because he just resumed office. The hype around his token will surely return again at a later time when I believe that he would mention it, so those who still have it now and the token has dropped below the point that they bought it should just hold on to the market, I think, until it rebounds instead of dumping at this moment at a loss.

The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).

At these point you just treat it as it is - Memecoin ( quick in, quick out)

[Gurujebs]

The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).

At these point you just treat it as it is - Memecoin ( quick in, quick out)

A politician burn a coin? They will see it as waste management, I think they will not directly do any marketing so they don't make it obvious he is pumping his meme coins. Instead, he will be saying things about crypto and indirectly hinting about Trump and you know the meme frenzy, people will still flock in as usual and get rekt over and over again.

Don't be surprised if that big circulating supply get reward to people but that will be towards the end of his terms just to get some sympathy and love for people that he did something great while in office for his second term.

[dkbit98]

At these point you just treat it as it is - Memecoin ( quick in, quick out)

Moneygrab Coin, quick release, people sent their money, president cashes out billions, people have no money left.
Rinse and repeat the same thing with Melania crap coin, maybe Baron and Eric coin coming soon, and more... until people have money to spend and short gold-fish-like memory.

[JoyMarsha]

The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).

At these point you just treat it as it is - Memecoin ( quick in, quick out)

A politician burn a coin? They will see it as waste management, I think they will not directly do any marketing so they don't make it obvious he is pumping his meme coins. Instead, he will be saying things about crypto and indirectly hinting about Trump and you know the meme frenzy, people will still flock in as usual and get rekt over and over again.

Don't be surprised if that big circulating supply get reward to people but that will be towards the end of his terms just to get some sympathy and love for people that he did something great while in office for his second term.

My question is, why will Trump launch his own coin a few days before he assumes office as US president? I thought the main focus on crypto was Bitcoin. Launching his own coin is it not for his gain out of crypto space since most people are anticipating a bull run this year.

However, every politician has this selfish gain within them. They want to make more money even when they are on top. They don't care what the masses think of them for the time being

[dave_strider]

My question is, why will Trump launch his own coin a few days before he assumes office as US president? I thought the main focus on crypto was Bitcoin. Launching his own coin is it not for his gain out of crypto space since most people are anticipating a bull run this year.

However, every politician has this selfish gain within them. They want to make more money even when they are on top. They don't care what the masses think of them for the time being

For the hype and profit, mostly, in my opinion.
Bitcoin is the king, but people's attention is swayed easily by such news. Especially those that are not familiar with the meme market..

[Igebotz]

The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).

At these point you just treat it as it is - Memecoin ( quick in, quick out)

A politician burn a coin? They will see it as waste management, I think they will not directly do any marketing so they don't make it obvious he is pumping his meme coins. Instead, he will be saying things about crypto and indirectly hinting about Trump and you know the meme frenzy, people will still flock in as usual and get rekt over and over again.

Don't be surprised if that big circulating supply get reward to people but that will be towards the end of his terms just to get some sympathy and love for people that he did something great while in office for his second term.

If I were in his situation, I would burn some tokens rather than hoarding them; if his purpose was to throw some money about, burning some millions from the billions should not be difficult.

Isn't the memecoin for the people? Masses are stuck in there as all they need tweet about the shit again or burn some fucking tokens..

At these point you just treat it as it is - Memecoin ( quick in, quick out)

Moneygrab Coin, quick release, people sent their money, president cashes out billions, people have no money left.
Rinse and repeat the same thing with Melania crap coin, maybe Baron and Eric coin coming soon, and more... until people have money to spend and short gold-fish-like memory.

Made few millionaires while wrecking some Whales and some meme newbies in the process. $Baron is already in million Mcap on Dexscreen although I know it's fake but he's already up there.

Why are public figures/celebrities more interested in creating memecoin than having a real project BTw.

[bitcoin-shark]

In my opinion the token was not just a giveaway but can be a long-term earning strategy, in my opinion it will grow stably over time

[dkbit98]

Made few millionaires while wrecking some Whales and some meme newbies in the process. $Baron is already in million Mcap on Dexscreen although I know it's fake but he's already up there.

I think you made a ''small'' mistake there.
They made few Billions during this process, and that is only for Trump crap.
I didn't know Baron coin is already available, but I am not surprised if it is actually connected with real Trump son.
I am sure they don't need to worry about KYC and money loundering  for this

[erus]

There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face.

This position is for those who are experienced in investing in crypto because in just a few minutes Donald Trump announced on social media X that he created the $TRUMP token from the Solana blockchain and it rose by thousands of percent.

At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it.
~snip~

This position is those beginners who start trading in crypto and are carried away by FOMO so that they spend a lot of capital and then get stuck at high prices. Those who are impatient finally do Cut Losses so that they experience losses of up to thousands of dollars in just a few hours.