$TRUMP Share your views on the future trends of TRUMP
Regarding the trend of Trump Coin, we can see that its price has rapidly fallen from 77 to a low point of around 7. The decline is over 90%. For this type of cryptocurrency, there is actually no need to worry too much. Generally speaking, the maximum correction for such currencies is about 90%, meaning its extreme position is around 7. Currently, it has basically hit bottom, and it would be very difficult to drop below 5.
Such projects are unlikely to end badly or perform poorly. Only by maintaining a certain market image can the project continue. So is it a good time to buy at the current price? I think if you have a small amount of capital, it is reasonable to enter the market. If you have a lower risk tolerance, you can invest in batches according to your financial situation, which is relatively safer.
Trump Coin will not easily disappear. Once the adjustment is over and it starts to rise, it may experience a significant surge again, which is basically consistent with previous forecasts and timeframes. At that time, Trump Coin may rise along with the overall market, creating a FOMO climax, and then it will face another adjustment. That might be the end of the entire cycle, and a real bull market may start thereafter.
To summarize, the upcoming market may initiate effects similar to expectations of interest rate cuts. If you have not yet entered the cryptocurrency space, you might regret missing this opportunity when the time comes.
