The last post about the $TRUMP contract received many comments from fellow coin enthusiasts. Thank you for your reminders and opinions.
Since I don't have many followers, I'll just ramble a bit. Based on the opinions from fellow coin enthusiasts in the last post, the general view on Trump Coin is mixed. Those who are bearish basically believe there is no hope left, while those who are bullish are not as enthusiastic as before in saying it will break a hundred.
In this regard, I can only say that Trump's actions have indeed disappointed the crypto community. It's one thing not to increase bets on a perfectly good Royal Flush, but to come up with a folding operation is another.
So my personal view is that $TRUMP will hover around 25 to 40 in the short term (about half a month). In the medium term, if Trump does not take any favorable actions, it may continue to decline. It could fade into obscurity, but during this process, if Trump makes any negative statements, it might drop to zero immediately. Additionally, in the medium term, there is a possibility that other major narratives could lead to a sell-off by large holders, causing a crash.
From a long-term perspective, it’s also possible that Trump himself might make a call or that the project operators will introduce new narratives, along with the market being quiet enough for whale traders to make a move.
However, overall, the market’s view on this coin is gradually cooling down. But if there are no clear negative news, large holders are unlikely to sell easily, as their current holdings might already be profitable.
The above is my personal opinion; if there are differing views, feel free to comment and discuss 😘
