$TRUMP Trump Dinner Sparks FOMO: TRUMP Token Surges 40%
According to official news, Trump plans to host a "TRUMP DINNER" on May 22 at his Mar-a-Lago estate, exclusively for the top 220 token holders based on their TRUMP token holdings. As soon as this news broke, the price of the TRUMP token skyrocketed over 40% that day, soaring from $9.3 to a peak of $16.
This needs to be discussed thoroughly; it’s simply that investors are no longer optimistic about this coin, and when everyone starts to short it, a violent surge comes to garner attention! After all, how good can a coin that starts to decline just 4 hours after its launch really be?
What’s the difference between this and those altcoins? By raising the price to attract attention, they think it’s about time to cut the losses!
Looking at it from another angle, consider these recently surging coins! They’ve been rising for so long without a crash; could this surge be an attempt to take a piece of the pie? If that assumption holds, then this wave of surge should be coming to an end! As long as the chips are accumulated sufficiently, another catastrophic drop may be on the horizon.