Islam_Ambassada
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Should I Buy Trump Coin Now as the Price Heads Toward $70?
This question is on everyone’s mind—whether to invest in Trump Coin for the long term or to take advantage of shorter-term profits.
For those considering long-term investment, holding the coin for years could be worthwhile, but the profits may not be as significant as expected. On the other hand, I recommend early buyers take profits now and consider buying back after a price dip.
Let’s examine the potential market cap:
At a market cap of $40-50 billion, Trump Coin could trade between $200-$250. Currently, it has already surged to $70 with a market cap of $14 billion. Just yesterday, it was trading at $16 with a $2.9 billion market cap before being listed on Binance.
Looking ahead, Trump Coin could potentially reach a market cap of $50-60 billion, pushing its price to $300-$400 before Trump leaves office. This is supported by market dynamics and some degree of manipulation, similar to coins like Dogecoin, XRP, and TRX.
However, it is unlikely Trump Coin will hit a trillion-dollar market cap. For perspective, Ethereum, the second-largest altcoin, is trading at a $387 billion market cap. Expecting Trump Coin to reach $1,000 per coin is overly optimistic.
My advice to investors is to wait for a dip before entering the market and consider holding until Trump leaves office, as a $60 billion market cap remains possible.
This question is on everyone’s mind—whether to invest in Trump Coin for the long term or to take advantage of shorter-term profits.
For those considering long-term investment, holding the coin for years could be worthwhile, but the profits may not be as significant as expected. On the other hand, I recommend early buyers take profits now and consider buying back after a price dip.
Let’s examine the potential market cap:
At a market cap of $40-50 billion, Trump Coin could trade between $200-$250. Currently, it has already surged to $70 with a market cap of $14 billion. Just yesterday, it was trading at $16 with a $2.9 billion market cap before being listed on Binance.
Looking ahead, Trump Coin could potentially reach a market cap of $50-60 billion, pushing its price to $300-$400 before Trump leaves office. This is supported by market dynamics and some degree of manipulation, similar to coins like Dogecoin, XRP, and TRX.
However, it is unlikely Trump Coin will hit a trillion-dollar market cap. For perspective, Ethereum, the second-largest altcoin, is trading at a $387 billion market cap. Expecting Trump Coin to reach $1,000 per coin is overly optimistic.
My advice to investors is to wait for a dip before entering the market and consider holding until Trump leaves office, as a $60 billion market cap remains possible.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.