After the most expensive dinner in the crypto circle, $TRUMP plummeted. Is this an opportunity or a trap?
In the entire history of cryptocurrency, no coin has ever used 'having dinner with the president' as an actual benefit. But $TRUMP has done it. By locking up holdings and offering tickets to the White House dinner, it successfully monetized the 'political effect' into the coin price, attracting massive amounts of capital.
But after the hype fades, questions arise: Is the drop from $74 to $13.5 a washing out before a new round of increases? Or is it a gradual process of a meme coin dying towards zero?
At this stage, it's not about the narrative, but about whether capital and consensus still exist. On one hand, big names like Sun Yuchen have not sold off, indicating that they still believe there will be a new wave of political and capital linkage. On the other hand, the community atmosphere remains active, with no obvious signs of liquidity exhaustion, meaning that capital is still willing to participate in the relay.
Opportunities and traps are often just a fine line apart. But if you judge Trump's crypto strategy as 'will continue to participate,' then the position at $13.5 is not a trap, but a low point.
