Krypto_ Alchemy
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Some Truth About $TRUMP COIN
Here's the lowdown on what's happening with TRUMP COIN. It appears that the big whales, or early investors, have dumped their tokens, leaving smaller retail traders holding the bag. According to Nansen data, the top three investors made massive profits, ranging from $42 million to $53 million, and have sold off significant portions of their holdings.
The reason for this sell-off? These investors likely understand that most meme coins, including TRUMP COIN, tend to crash after the initial hype dies down. Additionally, the token has no intrinsic value, making it a risky investment.
But that's not all - there are also concerns about potential market manipulation and foreign actors influencing the U.S. president through TRUMP COIN. Senator Elizabeth Warren and Rep. Jake Auchincloss have called for an investigation, but it's unclear if the US Office of Government Ethics and the Securities and Exchange Commission will take action.
As for the current state of TRUMP COIN, its price has taken a hit, dropping by 33.26% in the last 24 hours. The coin's market capitalization is around $141 million, with a circulating supply of 44 million TRUMP .
So, what does this mean for investors? It's essential to exercise caution and do your research before investing in any cryptocurrency, especially meme coins like TRUMP
#BinanceAlphaAlert #TrumpNFT #MarketPullback
Here's the lowdown on what's happening with TRUMP COIN. It appears that the big whales, or early investors, have dumped their tokens, leaving smaller retail traders holding the bag. According to Nansen data, the top three investors made massive profits, ranging from $42 million to $53 million, and have sold off significant portions of their holdings.
The reason for this sell-off? These investors likely understand that most meme coins, including TRUMP COIN, tend to crash after the initial hype dies down. Additionally, the token has no intrinsic value, making it a risky investment.
But that's not all - there are also concerns about potential market manipulation and foreign actors influencing the U.S. president through TRUMP COIN. Senator Elizabeth Warren and Rep. Jake Auchincloss have called for an investigation, but it's unclear if the US Office of Government Ethics and the Securities and Exchange Commission will take action.
As for the current state of TRUMP COIN, its price has taken a hit, dropping by 33.26% in the last 24 hours. The coin's market capitalization is around $141 million, with a circulating supply of 44 million TRUMP .
So, what does this mean for investors? It's essential to exercise caution and do your research before investing in any cryptocurrency, especially meme coins like TRUMP
#BinanceAlphaAlert #TrumpNFT #MarketPullback
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