Is Trump Coin about to crash? After the dinner, it plummets, can it bounce back in the future?

Recently, Trump Coin held an 'expensive dinner', and as a result, the coin price went on a roller coaster ride, dropping so much that it makes people anxious. Let's break down the underlying issues with some straightforward analysis, and you'll know if this coin is still playable.

1. Big players are fleeing, and retail investors are being cut down

Just after the dinner ended, those who had hoarded millions of dollars started to frantically offload. Data shows that out of the top 25 VIPs, only 8 are still holding the coin, with the average holding shrinking from 4.78 million dollars to 2.11 million, a direct halving.

Once these people ran, the coin price plummeted by 16% within 24 hours, and it continued to drop, a typical 'good news fully priced in then sell off' maneuver. It's like when the supermarket ends a discount promotion, everyone rushes to grab the cheap goods and leaves immediately.

2. The government is getting serious, Trump is in big trouble

Democratic lawmakers are furious, with 35 of them jointly calling for an investigation into Trump's 'money-making while being president', and they want to legislate to prevent the president's entire family from engaging in cryptocurrency.

Even worse, the Trump family controls 80% of the coin, and the dinner is suspected to be a 'cash-out event for insiders'. It's like a casino owner betting on his own games; who can outplay that?

3. It all depends on Trump's mood, and the coin price is like bungee jumping

The price of this coin completely follows the news about Trump—when he says he will ease regulations, the price soars; when he gets into legal trouble, the price crashes.

For example, in March, he signed an executive order for a 'national Bitcoin reserve', and the price immediately surged by 50%, but then it fell back down when there were no further developments.

Essentially, this coin is just 'air coin', lacking technology and practical use, relying purely on Trump to maintain its visibility.

Want a comeback? Unless Trump pulls off another big move

The only thing that can save this coin is if Trump actually does something significant, like implementing the 'Bitcoin strategic reserve' he mentioned or rallying more big players in the crypto space to support it.

In the short term, with big players fleeing and government investigations, this coin will continue to decline; in the long term, it depends on whether Trump can keep stirring up new tricks or if regulations will loosen.

Ordinary players best avoid it; if you really want to play, you better buckle up—falling is way more thrilling than a roller coaster ride.

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