Should you buy TRUMP?
The math is pretty clear.
Usually low cap altcoins with 1 Billion (1000 million) available tokens range between $0.1~1
$TRUMP 's token has currently 200 Million available tokens and will unlock more only 3 months from here.
Since President Trump's group holds 80% of the available amount; that leaves only 40 Million $TRUMP to be traded here in the outside market.
So, right now, TRUMP behaves like an altcoin with 40 Million tokens.
Since the current Market Cap is 5.35 Billion USD; Trump's 80% share holds 4.28 Billion USD of that, leaving us with a external 1.07 billion USD tradeable by our market.
Trump's altcoin is, essentially, a 1B market cap altcoin with 40 Million available tokens.
Now remember when I mentioned that most low cap altcoins with 1 Billion tokens trade within the range of .1 to 1 USD?
Let's apply this math to $TRUMP to check what's the ideal range it should be trading right now.
1000 Million (1B) Tokens Altcoin → $0.1~ $1
40 Million Tokens TRUMP → $x ~ $10x
x = $2.5, and 10x = $25.
Thus, $TRUMP's coin should trade within a $2.5~$25 USD range.
So, considering that TRUMP's team won't sell their 80% (they already didn't even during the $73 dollar craziness), anything above $25 is STILL overbought, and anything below $2.5 is oversold.
Price can definitely still fall, so be aware!