Let's review Trump and Pnut.

These two coins have an obvious turning point.

Pnut hit a peak after listing on Binance. Then Musk sent a tweet, which roughly meant to say rest in peace squirrel. Squirrel peaked.

Squirrel was actually a tool Musk used to attack the Democratic Party during Trump's campaign. Now that he has won the election, the cunning rabbit is dead and the running dog is cooked. Squirrel has played its historical role and should be put to an end. So Musk's saying rest in peace squirrel became a sign that Pnut peaked.

The same is true for Trump coin.

After listing on Binance, it hit a peak of 70 dollars. The next day, Trump's wife directly announced the issuance of coins, which is similar to Musk's words, and directly extinguished the market's enthusiasm for long positions.

His wife issued coins, firstly to divert funds. Secondly, the market suddenly realized and woke up that the couple was here to make money and cut leeks. All kinds of beautiful imaginations about Trump coin disappeared at once.