Just as the Federal Reserve stirs the global markets, the annual "harvesting of retail investors" in the crypto world is unfolding on another stage. The "Trump Victory Celebration" has turned into a slaughterhouse for TRUMP coins. The latest data shows that the number of TRUMP coins held by Sun Yuchen is three times that of the second-largest holder, making this highly concentrated chip distribution a textbook example of "market manipulation by the big players".
What’s even more intriguing is that just before the banquet, TRX suddenly surged by 20%, perfectly aligning with the news of Sun Yuchen launching the CONAN coin. This is clearly a typical 'pump and dump' tactic, and like those retail investors who rushed into TRUMP coins, they may very well become the next candidates for 'queueing on the rooftop'.
