$TRUMP I don't normally invest in memecoin but this is an exception.
Here is my insight
The dip after melanie coin was announced spooked alot of new traders and old alike. It wss 77usd down to 40usd in a matter of 15mins
But you can see from 40usd the coin has resistance all the way till 50 now 60usd as i post this
What does this means?
- despite the dip the coin tanked at 40usd, which not alot of memecoin is able to pull it off. Normal memecoin would have free fall to 0.1 by now
- more veteran traders seen the big picture. The big news has yet to come, the inauguration, it makes and breaks this coin value
- this coin is riding on his presidential terms, expect some credibility as no one wants a fail coin to be remember next to his name
Target prediction :100 usd+ within an hour before and after inauguration. Assuming the price tank at 60usd or above till then
If Bullish prediction : since no coin history come close to this. The history stats are out of the window. 100usd+ is my minimal prediction but it could well go over 300 usd
If Bearish prediction: if his speech has anti crypto elements. Prepare to bail, it will likely dip even lower to 10usd
If the price DIPS again before inauguration , exercise caution!
This is my personal insight. Dyor as always