Has everyone heard about the meme coin that Trump launched?) Let's discuss this important event that will directly affect crypto this year
For reference: on the night of January 18, D. Trump launched his official meme coin. Right now it is in 16th place among all cryptocurrencies and is worth 82 (at the time I started writing this post). And this is just in a day!
🔳 Phenomenon
This is the first official meme coin from a person of such scale and rank. Everything that came before looks like a puff 😂
With this action, Trump sets a very powerful pace for the growth of all crypto. Although in the moment liquidity from all other crypto has flowed into $TRUMP , but in the near future we will see the growth of Bitcoin, and then all altcoins, as the restrictions from the SEC will be lifted, the ICO season will start, and token launches from other famous people will happen. Now we have been given the opportunity to buy into what lacks the attention of the majority of people. Everyone is running to the hype, even people who are far from crypto already know about this meme coin.
🥔 Is it worth buying now?
Of course, it's up to your discretion; I can't dissuade anyone. But in my opinion, entering right now is already expensive. There won't be big gains here; the asset has become super heavy. Yes, there can be growth, but not as active and powerful as those assets that haven't taken off yet. Among memes, for example, $PENGU , and from my favorites ARB, APT, ZK. I bought the aforementioned assets during this dump.
Also: there is no such thing as a one-way growth. Correction always comes. But it’s still early; Trump is not yet in the chair, until the 20th, we need to hold the price, and it might even kiss the mark of $100.
However, I wouldn’t dare to short))) As someone wrote in a chat:
You can't short someone who has nuclear weapons
✍️What conclusion can be drawn from this event: everything happened quickly and sharply. No one was warned or prepared, including the major exchanges. Users began to massively sell all their crypto, buy Solana, and withdraw it.
Market makers immediately reacted, and a general market drop began. So that people started selling their assets at a loss due to FOMO and jumping into $TRUMP .
Solana is hitting its ATHs; Trump chose it for a reason; there will be even more movement and money there (it would be worth learning from).
Globally - this is a positive event: crypto is officially accepted, it is being approved, and there is a lot of talk about it. The public will pay more attention to it. And Trump is now a hero for many 🎉
➗PS I didn't buy, I saw it for $5 and went to sleep, thinking I would figure it out in the morning)) Did you buy it?)
#TRUMPOnBinance #TRUMPOnBinanceFutures #CryptoTrump2.0 #TrumpCountDown #TRUMPCoinMarketCap
