Sun Yuchen's "Cryptopolitics": The Ambitious Path from $TRUMP to Trump's Dinner
How much is Sun Yuchen's "political bargaining chip" worth?
Today, TRUMP broke through $14 with a big positive line, and the transaction volume of the entire network soared to $280 million. Sun Yuchen's operation directly turned "traffic" into a textbook level. This guy brought 1.6 million TRUMP (currently worth about $23 million) to sit at the main table of Trump's private dinner. On the surface, he was supporting the president, but secretly he had already tied the coin price and traffic tightly.
Everyone in the circle knows that Sun Yuchen is best at "celebrity pledge" - from Buffett's lunch to Trump's dinner, every appearance is an accurate signal to pull the market. This time he bet on the hot spot of the US election, and TRUMP took advantage of the momentum to break through the previous historical high, and the market value squeezed into the top three Meme coins, but the risks behind it are more exciting than Musk's call for Dogecoin.
On-chain data reveals the intention of the main force
(The latest on-chain monitoring shows:
The giant whale address has sold a total of 420,000 TRUMP in the past 6 hours, cashing out 6 million US dollars Sun Yuchen
The associated address still has no transfer action, but 800,000 TRUMP have been pledged to borrow 5 million
USDT)
Don’t look at the current price surge, the chain has already begun to surge undercurrents. The wave of "pin insertion" in the early morning
to 12.3 US dollars is a typical main force wash-first explode leveraged longs, and then quickly pull
back to create the illusion of a "gold pit". Now there are 320 million sell orders (about
450 million US dollars) above $14. Want to break through? It depends on whether Brother Sun dares to continue to increase the stakes.
Short-term risk warnings
Election variables: Trump's poll fluctuations directly affect the price of coins, and there is a high probability of violent fluctuations before the Republican Convention in August. Sun Ge's routine: Historical experience has shown that Sun Yuchen's heavily invested projects often have a series of operations of "voice pull → mortgage cashing out". Regulatory minefields: The US SEC has set its sights on political meme coins. If TRUMP coins are classified as securities, they will instantly return to zero. $TRUMP
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