Trump's $TRUMP token dinner sounds like a 'top players party' in the crypto world, but it ended up being a 'bloody investment history' for 43% of attendees!

Among the 220 lucky dinner guests who splurged, 95, or 43%, have been suffering losses since the token launched in January, with a total evaporation of 8.95 million dollars!

Especially that Mr. GAnt, ranked fourth, was extravagant, but ended up losing 1.06 million dollars, probably dining while wiping his tears. Then there's 'Meow', who got VIP status but still lost 621,000 dollars; this VIP might not be an abbreviation for 'Very Injured Pocket'.

What’s the situation?

This story starts with the 'rollercoaster' trend of the $TRUMP token. When it first launched, it was like a 'Trump whirlwind' in the crypto world, with a market cap soaring to 14.5 billion dollars in a day.

But good times didn’t last long; the next day it crashed, dropping 68%, and is still struggling in the valley with a market cap reduced to a third of its original value. This operation is a clear example of 'fast rise, hard fall'.

Those who crazily bought tickets for the dinner, especially big spenders like 'GAnt' and 'Meow', probably thought, 'Invest in a token, hug a president’s thigh', but who knew they didn’t get to hug the thigh and ended up losing money first.

What’s even more heartbreaking is that the on-chain analysis company Chainalysis revealed that 764,000 small retail wallets lost money on $TRUMP, while only 58 mysterious large holders made big profits, each raking in over 10 million dollars.

What does this indicate? The '80/20 rule' in the crypto world is in full effect: a few people eat meat, while the majority drink soup, and some don’t even get soup, losing their principal directly.

My viewpoint

This situation looks like a carefully designed 'traffic harvesting machine'. The Trump team knows how to play, first throwing out a gimmick of 'dining with the president', instantly heating up the $TRUMP token and attracting a crowd to rush in and buy.

And what happened? The token price took a rollercoaster ride, retail investors cried out in losses, while Trump’s associated wallets earned almost 100 million dollars through transaction fees!

This operation is simply 'presidential-level harvesting', making money while gaining popularity, fully maximizing traffic; the 'marketing genius' of the crypto world is none other than him.

Brothers, if you also want to attend Trump's dinner, remember to practice your 'losing money mindset' first!

After all, the 1.06 million dollar ticket could yield just a wink from the president; it's up to you to weigh its value!