Niazi14
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Trump Coin, a memecoin launched by former US President Donald Trump, has been making waves in the cryptocurrency market. Recently, a massive transfer of 20 million TRUMP coins, worth $341.923 million, was made from Binance, sparking a significant price surge ¹. This transaction, coupled with increased whale interest and its listing on Upbit, has fueled TRUMP's momentum.
The memecoin's price has seen a notable uptick, with a 12.50% increase in the last 24 hours, accompanied by a 25% jump in trading volume. On-chain metrics also indicate continuous accumulation from exchanges, with dumping seen on only three days since its launch ¹.
However, it's essential to note that the Trump Coin market is highly volatile, and investors should exercise caution. The coin's value is heavily influenced by social media trends, celebrity endorsements, and market sentiment.
In the context of whale attacks, Trump Coin's price dynamics are susceptible to manipulation by large holders or "whales." These individuals can significantly impact the market by buying or selling large quantities of the coin, leading to price swings ².
#MileiMemeCoinControversy #TRUMP #BNBChainMeme #BinanceAlphaAlert
The memecoin's price has seen a notable uptick, with a 12.50% increase in the last 24 hours, accompanied by a 25% jump in trading volume. On-chain metrics also indicate continuous accumulation from exchanges, with dumping seen on only three days since its launch ¹.
However, it's essential to note that the Trump Coin market is highly volatile, and investors should exercise caution. The coin's value is heavily influenced by social media trends, celebrity endorsements, and market sentiment.
In the context of whale attacks, Trump Coin's price dynamics are susceptible to manipulation by large holders or "whales." These individuals can significantly impact the market by buying or selling large quantities of the coin, leading to price swings ².
#MileiMemeCoinControversy #TRUMP #BNBChainMeme #BinanceAlphaAlert
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