$TRUMP: Can a US President-Backed Memecoin be Trusted?

[Olamide20000000012]

I bet a lot of us are sleeping while millionaires are being made in dollars in this cryptocurrency space. You know what I'm talking about - currently, it's all about the viral $TRUMP project announced by President Donald Trump on Twitter. 
As I speak, it has a $20 billion market cap and a current price of $22 USD, with a 24-hour trading volume of $2.53 billion USD. I haven’t invested yet because I'm afraid it might be another pump and dump project. But the question is, can a whole US President really do that to people?

[hugeblack]

Perhaps the question is why would a president need to release a memecoin? If the links weren't from Trump's account I would think it was a scam decrypt report^[1] has more information but remember that updates are necessary as the news changes every few minutes.

If you don't know what you're doing and have no strategy, it's best to stay away from this memecoin
[1] https://decrypt.co/301691/donald-trump-drops-solana-meme-coin

[dkbit98]

But the question is, can a whole US President really do that to people?

No, you can't trust this clown, or any other politicians.
Only people from cult can blindly trust crap like this.

Perhaps the question is why would a president need to release a memecoin? If the links weren't from Trump's account I would think it was a scam decrypt report^[1] has more information but remember that updates are necessary as the news changes every few minutes.

Because he is just a controlled puppet and a scammer, like most (if not all) politicians.
We known Trump likes money a lot, but I never thought he would go so law to promote something like this on his twitter

[Zed0X]

I've seen a post that someone made a significant increase in his wealth in just a matter of minutes because of that 'official meme token'. On the other hand, the 'unofficial' tokens named after the incoming POTUS dropped quickly.

About trusting a token, nah, don't ever do that unless it's something that nobody controls completely.

[Stompix]

One of the comments on Twitter was spot on:

I can't believe the President of the United States is following in HawkTuah's footsteps

Well, no problem, at least the crypto community will soon realize where Trump's gang interest in crypto stands, it won't be pretty, there will be a ton of Pikachu faces but a wake-up call is needed now and then.

[Aanuoluwatofunmi]

I bet a lot of us are sleeping while millionaires are being made in dollars in this cryptocurrency space.

The same way some are losing in big time, we have to be more careful in our trades, its more better not to trade or invest at all than to do it and make loss.

You know what I'm talking about - currently, it's all about the viral $TRUMP project announced by President Donald Trump on Twitter. 
As I speak, it has a $20 billion market cap and a current price of $22 USD, with a 24-hour trading volume of $2.53 billion USD. I haven’t invested yet because I'm afraid it might be another pump and dump project. But the question is, can a whole US President really do that to people?

Why most people were afraid is because of the dump and pump projects, which we don't know which type this may be, we cant afford to risk investing on a project that will later fail, hype is what we should be very careful of, also, we don't know what which exactly is the trump project because as we talk, there are more than five coins bearing the same name Trump in them.

[JoyMarsha]

We don't know what lies in the mind of Donald Trump at this time; a memecoin of his own was launched; this is just a few days before he assumed the office of the president as the 47th US president.

The success or failure of this memecoin will tell how much we can trust him on crypto. Whether we will have him falling guilty or not to a pump and dump coins as US president. Time will just tell in all this, we then put it record that Trump once launched a memecoin that was successful or unsuccessful as US president

[UNIVERSE]

Do you think $TRUMP really has a connection with Donald Trump? If it has nothing to do with Donald Trump, you can't say it is backed by Trump?    I think this meme coin only wants to get people's attention by using the similar name with Donald Trump. Just be careful with this kind of hype coin because many of them are scams. Instead of being millionaires, we may end up with losing everything in this coin.

[BullTrader]

Do you think $TRUMP really has a connection with Donald Trump? If it has nothing to do with Donald Trump, you can't say it is backed by Trump?    I think this meme coin only wants to get people's attention by using the similar name with Donald Trump. Just be careful with this kind of hype coin because many of them are scams. Instead of being millionaires, we may end up with losing everything in this coin.

Yes. Donald Trump announced it himself. It's all over X.. it's the officially trump meme coin. RN it's trading over $40 and has a mcap of over $40B just over 24hrs.


It's blowing up on X,.. Trending everywhere already haha..
https://x.com/realDonaldTrump/status/1880446012168249386?t=ykxbqTMJp-3tgP-SpIyRiQ&s=19

[Olamide20000000012]

Do you think $TRUMP really has a connection with Donald Trump? If it has nothing to do with Donald Trump, you can't say it is backed by Trump?    I think this meme coin only wants to get people's attention by using the similar name with Donald Trump. Just be careful with this kind of hype coin because many of them are scams. Instead of being millionaires, we may end up with losing everything in this coin.

I think he has something to do with him because if not by now he should have denied it and send out words that he is not behind it. The coin has been moving anyhow now.

[bounceback]

Firstly when Donald Trump tweeted OFFICIAL TRUMP coin at his twitter accounts looks something wrong about his account possibility hack or not, but after few hours his tweet that coins success reach increasing volume transaction and price significant movement from $6 reach until $30 before Binance listing announcement success hit to $70.
I scare with this coins just hype moment only behind few days left before Donald Trump appointing as US president and will drop later after become US president, but congrats for braveness want to invest and all in for buying OFFICIAL TRUMP coins because earn much profitable.

[Stompix]

Do you think $TRUMP really has a connection with Donald Trump? If it has nothing to do with Donald Trump, you can't say it is backed by Trump?    I think this meme coin only wants to get people's attention by using the similar name with Donald Trump. Just be careful with this kind of hype coin because many of them are scams. Instead of being millionaires, we may end up with losing everything in this coin.

He posted it on x and truth social.
But more than that, major exchanges listed a coin that was just a 1 day old coin, do you think that would happen with a scam team?

Anyhow, now we have the president of a country launching a meme coin for himself and proposing a bill that would cut taxes to crypto,  not even 3rd world dictators would do something so openly.

[Sim_card]

I bet a lot of us are sleeping while millionaires are being made in dollars in this cryptocurrency space. You know what I'm talking about - currently, it's all about the viral $TRUMP project announced by President Donald Trump on Twitter. 
As I speak, it has a $20 billion market cap and a current price of $22 USD, with a 24-hour trading volume of $2.53 billion USD. I haven’t invested yet because I'm afraid it might be another pump and dump project. But the question is, can a whole US President really do that to people?

All politicians are the same, after money. Trump second tenure is an advantage for him to make money from cryptocurrency through his meme coin. The funny thing is that, Trump family planned this all and knew that he would win the election. This was why they started the project before the election and launched it three days before his inauguration, so that the coin can be hyped since it's coming from a president. Maybe, he will use some of his profit to develop the US. Melinda is also out and that's his wife's meme coin. Family of shitcoins.

[ZAINmalik75]

I bet a lot of us are sleeping while millionaires are being made in dollars in this cryptocurrency space. You know what I'm talking about - currently, it's all about the viral $TRUMP project announced by President Donald Trump on Twitter. 
As I speak, it has a $20 billion market cap and a current price of $22 USD, with a 24-hour trading volume of $2.53 billion USD. I haven’t invested yet because I'm afraid it might be another pump and dump project. But the question is, can a whole US President really do that to people?

You made a mistake by fearing of pumping and dumping scam by this project because it was a legit project by the president of the USA and you take it as a pump and dump project was bad idea the price went 2x to 3x from this point if I am not wrong and money was easy to make here.

You are not alone here who missed this opportunity as there are many who missed the opportunity and speaking of millionaires were made, who is that because the coin was not in cents or at least available in cent if I am not wrong and then jumped to $80 would be like 80x max. I have to agree it should have made many new millionaires but only who took risk.

[Aanuoluwatofunmi]

Invest on any coin at your own risk, being launched by Trump does not guarantee accurate outcome for it, we are going to be responsible for any risk involved because all crypto will still work in the manner of their behaviors being volatile for one to buy or sell base on its demand and supply, but those that never know the way to speculate for the market and find a good entry point, they will buy and start losing immediately because of this as the market falls.