Bitcoin Magazine CEO David Bailey claims that the Trump family has allegedly cashed out $500 million from the Trumpcoin (TRUMP) craze. Trumpcoin currently has a market value of over $70 billion. While many believe that this is bad for Bitcoin but good for Trumpcoin, Bailey holds the opposite view: it is good for Bitcoin but bad for Trumpcoin. Ultimately, this is just noise in the grand narrative, even though emotions are high now. Be wary of crypto crazes. Although Trumpcoin has more than 800,000 holders, perhaps less than 800 people have made more than $1 million in profits, accounting for less than 0.1%.
How did Trumpcoin collapse? At 4:13 pm EST, Melania Trump announced the launch of her altcoin. Minutes later, Donald Trump shared her post at the victory rally. This caused buyers' demand for Trumpcoin (TRUMP) to suddenly plummet, while supply surged. After the retweets and breaking news, TRUMP plummeted 55% in just a few minutes. Trump's coin selling statement: When you buy Trumpcoin, you give up your right to sue.
If the president can issue, the first lady can issue
Without the first lady, Trump cannot be president
Don't look down on women
The power of half the sky is also power
It is written very clearly that this is a "meme"
No one forces you to buy
Don't blame Trump or the first lady for sucking blood because the coins we have in our hands have fallen
Respect the market, the market is always right
BTC has just surged to around 110,000. As expected at the beginning, the first pressure level is around 108,000, and the second pressure level is 12w+. For the short term, you can stop profit at the pressure level and continue to see the price situation later. Just hold the currency for the medium and long term. When Trump takes office, he will definitely release policies that are beneficial to digital currency. From February to March, the market trend is optimistic. At present, from the perspective of the pattern, it is still a bullish pattern. It is not recommended to short easily. Trump will take office tonight, and the US stock market should continue to rise, and the currency circle will continue to rise. As for Trump coin, TRUMP, Mrs. Trump coin, MELANIA, it is recommended not to chase too much. It is very likely that where it started, it will go back to where it started. Meme coins rely on consensus. Trump's consensus can only last for four years at most, while Dogecoin has been a consensus for 12 years. Do you know how to calculate this account? I still recommend buying at the bottom, cyclical layout, and continue to hold coins for appreciation.$BTC #BTC再创新高
How did Trumpcoin collapse? At 4:13 pm EST, Melania Trump announced the launch of her altcoin. Minutes later, Donald Trump shared her post at the victory rally. This caused buyers' demand for Trumpcoin (TRUMP) to suddenly plummet, while supply surged. After the retweets and breaking news, TRUMP plummeted 55% in just a few minutes. Trump's coin selling statement: When you buy Trumpcoin, you give up your right to sue.
If the president can issue, the first lady can issue
Without the first lady, Trump cannot be president
Don't look down on women
The power of half the sky is also power
It is written very clearly that this is a "meme"
No one forces you to buy
Don't blame Trump or the first lady for sucking blood because the coins we have in our hands have fallen
Respect the market, the market is always right
BTC has just surged to around 110,000. As expected at the beginning, the first pressure level is around 108,000, and the second pressure level is 12w+. For the short term, you can stop profit at the pressure level and continue to see the price situation later. Just hold the currency for the medium and long term. When Trump takes office, he will definitely release policies that are beneficial to digital currency. From February to March, the market trend is optimistic. At present, from the perspective of the pattern, it is still a bullish pattern. It is not recommended to short easily. Trump will take office tonight, and the US stock market should continue to rise, and the currency circle will continue to rise. As for Trump coin, TRUMP, Mrs. Trump coin, MELANIA, it is recommended not to chase too much. It is very likely that where it started, it will go back to where it started. Meme coins rely on consensus. Trump's consensus can only last for four years at most, while Dogecoin has been a consensus for 12 years. Do you know how to calculate this account? I still recommend buying at the bottom, cyclical layout, and continue to hold coins for appreciation.$BTC #BTC再创新高
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