#特朗普:我爱$TRUMP I love $TRUMP
Recently, former U.S. President Trump posted an attention-grabbing update on Truth Social:
"I love Trump Coin, it's so cool! It's the best of them all!"
This Trump Coin is set to launch in January 2025 by the Trump Group on the Solana blockchain, named after Trump.
His public statement is quite significant; the price of Trump Coin surged nearly 10% in a short time, and trading volume also saw a big increase, showing how sensitive the market is to celebrity effects.
Trump is a globally renowned political figure, and his words have a great market influence.
This support for Trump Coin has made this cryptocurrency a focal point for investors, sparking discussions about celebrity effects and sentiment-driven trading.
Some investors feel that this means Trump is leveraging his influence to enter the digital asset space.
Who knows, there might be more political and business leaders joining the cryptocurrency market in the future.
However, price fluctuations caused by celebrity comments are usually hard to sustain, and the risks are quite high.
There have been similar situations in the past, where prices quickly fell after short-term speculation.
So, investors need to rationally assess risks and not blindly chase high prices.
Overall, Trump's public support for Trump Coin once again illustrates the significant influence celebrities have on the market in the age of social media.