#TRUMPOnBinance

The $TRUMP meme coin is a cryptocurrency created on a wave of hype and jokes, most often without a serious basis. Usually, such coins appear to attract attention to popular personalities or memes, but their value rests only on people's interest.

What's the catch?

• No real benefit. Such coins are rarely created for something important, most often it is just a way to make money on the popularity of the topic.

• The price jumps. It can rise sharply if many people are interested in it, but also fall quickly.

• Risk of fraud. Some projects simply disappear along with investors' money.

How not to get caught?

• Look at who created this coin. If the developers are hidden, this is a reason to be wary.

• Check which exchanges the coin is traded on. If only on little-known ones, this is also a risk.

• Look for real reviews and information to understand whether it is worth getting involved at all.

Result

If you want to invest, be careful. Such coins are more suitable for short-term games on the stock exchange, rather than for serious investments. Invest only the amount that you do not mind losing.