Trump released it on January 18th, and after that, this is the trend. In the next few days, he will launch the second coin.
Familiar feelings, familiar formulas, familiar people, and even familiar prices.
As this wave of increase reaches here, I start to be bearish. This wave is purely driven by emotions, and Trump's coin issuance has added to the FOMO sentiment, with Ethereum trending on Douyin, it seems like a large number of people will be trapped at the peak.
In a couple of days, the headline will likely be about Trump issuing a brand new virtual currency, and then a large crowd will come in to buy, getting trapped at the top.
History will not repeat itself exactly, but it will be strikingly similar.
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