Many hope that the trump coin will become expensive, but we have to think logically and not expect too much from the meme token. The current price of the trump token is $12, maybe it can go up above $20. But I'm not sure the price of the meme token will last long. Let's just look at the history of the meme token in the past.
It reached as high as 75$, and that will be the first and last time that it will reach that price.
We know that the reason why it reached a price that high is because of the hype that Trump created days before his inauguration.
I don't think that it will go above 20$ for me. If it reaches that price, it will just touch it and will still end the day below that price. Heck, we might not see TRUMP even reaching that price as well. Yes, the price of the coin pumped yesterday, and currently at $12, but I don't think that the community behind this meme coin is as strong as that of DOGE, or even in PI.
Also, if there's somebody here that are planning to hold the token for mid to long term, look at their tokenomics first because based on it, around 80% will be going to the developers and 20% will be on circulation. The circulation will only increase if the developers sell their tokens. Talking about centralization.
