🗣 My opinion about Donald $TRUMP 's token
Friends, if there are those who suddenly missed it - we can say a historic event happened: the US President launched his own memcoin and tweeted about it.
🔸 The project is inspired by the events of the assassination attempt on Trump in July 2024. Within the first 4 hours, the token reached a capitalization of $13 billion.
My opinion ⬇️
This is on the one hand a plus for BTC — the reserve became even closer if the president triggers a meme. Plus for the SOL token itself — since the launch took place on the Solana network.
But this all led to Trump taking liquidity from other coins.
💵 People who rushed to buy the Trump coin ran to sell other coins they own, especially other memecoins on SOL.
If you believe in some sort of global scale conspiracy, then you can assume that this is how the biggest players in the market are knocking the extra passengers off the more interesting coins. But these are just my thoughts.
❕ Buying this token now is clearly not the best idea, as you will simply become liquidity for sale from those who have already earned