On the 30th day of the issuance of Trumpcoin, are those newcomers in the coin circle who are deeply trapped still okay?
On January 17, 2025, two days before the new US president takes office, Trump launched the $TRUMP encrypted MEME coin on the social platform, which instantly detonated the market. The 24-hour trading volume exceeded 10 billion US dollars, far exceeding Bitcoin, becoming the most popular celebrity coin.
0xsun, a pioneer in the coin circle, bought the coin about 10 minutes after it was issued with the ability to monitor data on the chain, and invested 600,000 US dollars in half an hour, with an average cost of 0.6 US dollars, making a crazy profit of 27.5 million US dollars. However, the MEME coin market is a zero-sum game, with no technological innovation and fundamentals. After the heat dropped, coupled with the disguised issuance of Trump's wife coin, TRUMP coin fell from a high of 72 US dollars to about 17 US dollars.
KOHA, a PhD student in science and engineering in Canada, previously bet on Trump's election and bought stocks of his company to make a small profit, thinking that TRUMP coin also has long-term value. Due to delays in identity verification, he bought it only when the price rose to $30, and he also added positions, and was eventually trapped at an average price of $36.
Li Yi, who is in the cryptocurrency circle, bought $TRUMP at $17 when it was first listed, and made money by selling it after the surge. But later he invested the profits in family coins such as Trump's wife coin and son coin, which soon returned to zero, and all the profits and principal were trapped.
A-share investor Su Bingge regarded $TRUMP as a highly controlled small-cap stock and bought it at $69. After the price fell, he found that he bought fake coins, and was led by a paid group to cut leeks, and stepped on pits in the cryptocurrency circle.
There is even more exciting, Trump's Dogecoin 𝗖 𝗼 𝗻 a n, which attracted countless attention as soon as it appeared. Many bigwigs in the circle predicted that they have unlimited potential and are expected to become the next 10,000-fold coin, directly leaving DOGE behind! But then again, the cryptocurrency circle is too deep, and no one knows what will happen tomorrow, so let's wait and see! #地缘政治对比特币的影响 #BNBChainMeme热潮 #CardanoETF讨论 $BTC $ETH $XRP