🚨 Is Sun Yuchen manipulating the presidential banquet? $TRUMP coins are going crazy!
The cryptocurrency world is practically a battlefield lately! Trump has just been criticized by lawmakers for "selling access to the presidency," while on the other hand, the TRUMP coin has gone wild:
• Total supply of 1 billion, only 200 million available
• The top 220 holders will get a spot at the "presidential banquet"
• Single-day surge over 70%, trading volume skyrocketed to 3.8 billion USD!
But don’t be blinded by appearances! The top 10 addresses control 82%! 40 million unlocked coins are quietly being offloaded, and on the 23rd, a massive sell-off hit 370 million, so those using high leverage to chase should hit the brakes!
Brother Sun is also starting to reveal his big moves:
Holding back for his birthday + Ethereum's 10th anniversary, he declared: "ETH will definitely hit 5000 USD by the end of the year!"
The fund also threw in 500 USD for an airdrop to pump the price, resulting in the coin price skyrocketing from 1385 to 1750 in two weeks, with shorts getting liquidated for 120 million!
Calm down and don't get caught in the rhythm:
• ETH sharding continues to miss deadlines, TPS is still being crushed by SOL
• Above 2000 USD, there are 11,000 put options lying in wait
• If it breaks below 1777 USD, another 335 million will be liquidated!
Bitcoin is in an even more precarious position!
After the halving, it didn't rise much, but suddenly 500 million USD flowed out of exchanges!
Shorts are heavily positioned at 95,000 USD, breaking 100,000 looks to squeeze the shorts, breaking 90,000 turns it into a meat grinder!
Finally, here's a survival tip for the crypto world:
USDC plummeting = institutions are entering, USDC skyrocketing = institutions are escaping!
Trading coins is like espionage; keeping a close eye on stablecoins is the key to winning!
Conan (Big Gold Dog) adds:
It doesn't rely on anyone to hold it up, nor does it need a technical upgrade; it is the narrative itself!
The only memecoin endorsed by Trump, with natural popularity guarantees, will explode when the market comes alive!