#TrumpVsMusk #TrumpTariffs #TRUMP #TrendingTopic See original
Plunge! The price of Trump coin has plummeted, with a market value evaporating over 99%! Whales frantically sold 4.167 million coins cashing out $47 million, and retail investors are bleeding profusely!
TRUMP coin has completely collapsed recently, with prices fluctuating violently in the range of $0.17-$0.185, and some obscure platforms even showing $0.000014! The circulating market value plummeted from an early $4 billion to 4.51 million RMB, evaporating more than 99%! The 24-hour trading volume is 1.35 trillion coins, but the transaction amount is only 14.2 million - 38.31 million Yuan, with Uniswap accounting for over 64%. Whales frequently transfer tokens to exchanges like Binance, with one address transferring in 4.167 million coins (about $47 million) in one go, creating immense selling pressure! The technical indicators are even more dismal: the 4-hour K-line big bearish candlestick has broken through the previous low, MACD has turned negative, KDJ has crossed down, MA10 has crossed below MA30, and bears are rampant! The support level of $0.145 is precarious, and breaking it will lead to a direct plunge to zero!
The top nine whales have collectively cleared their positions, transferring over 390,000 tokens to exchanges, with unrealized losses reaching $1.31 million! More critically, there is a split within the Trump family, with the sons launching the independent cryptocurrency USD1, publicly opposing the TRUMP wallet project and undermining market confidence! On the regulatory front, although the SEC rarely stated that TRUMP coin is not under its regulatory scope, the New York Financial Authority directly warned of 'high fraud risks', and policies could change at any time! Some lawmakers have even called for an investigation into the dinner hosted by Trump for holders, spreading panic sentiment and bringing market confidence to the brink of collapse!
Explosive news: Good news turns into bad news, competing products are washing away funds.
