Sharp collapse: what happened to $TRUMP ?
The cryptocurrency market surprises again - the $TRUMP memecoin, which recently soared to $75, suddenly collapsed to $40. Investors are in a panic: is this a correction before a new breakthrough or a collapse of the hype?
Why did the price fall so sharply?
1. Profit taking by large investors
🚀 The token has attracted the attention of many traders, and major players have started to take profits en masse, triggering a chain reaction of sales.
2. Manipulations by the 'whales'
🐋 High volatility makes it an ideal target for market manipulators, who can crash the price to buy the asset back at a lower cost.
3. Overall cooling of the crypto market
📉 Some analysts note that the decline of Bitcoin and Ethereum has also affected the decrease in interest in meme coins.
What to expect next: a rise or a fall?
📊 Some experts predict that it will recover soon and may reach $75+ again. Others warn that if investor interest wanes, the token may continue to decline.
🔥 Is it worth entering $TRUMP now?
The meme coin market is extremely unpredictable, and $TRUMP — is no exception. If you are ready to take the risk, this could be an opportunity to enter at a 'discount'. However, no one can guarantee that the price will soar again.
💬 Do you believe in a new surge $TRUMP or is this the end of the hype? Share your opinion in the comments!