JUST IN: Trader Loses Millionaire Status Due to Memecoin FOMO. A trader has lost his millionaire status after FOMOing into President Donald Trump's memecoin TRUMP.
After a sharp decline, the cryptocurrency market began to recover, setting many new milestones. Expectations are even higher in the next 4 years when Donald Trump becomes the 47th president of the United States. In particular, he also launched his official memecoin. In this optimistic period, cryptocurrencies have become victims of volatility.
In just 16 hours, a series of transactions caused this trader to lose his millionaire status. This is an investor famous for his bold bets, but this time he was unlucky. The trader invested heavily in Barron but only received losses and was forced to sell at the bottom. Then, to recoup, they poured nearly $ 1 million into the three hottest memecoins, but the result was only $ 40,000 left. This is a typical example of FOMO syndrome and errors in judgment.
