Trump Coin ($TRUMP ) Long and Short Game: Three Major Concerns Under Short-Term Revelry
1. Large Holder Position Concentration, Easy to Pump but Faster to Dump
On-chain data shows that user MemeCore has withdrawn 191,000 TRUMP coins within two hours, maintaining a top 2 total holding. While whales may temporarily pump the price, under high control, once they take profits, a price collapse can happen with just one click.
2. New Contract Bloodsucking Effect: JSTUSDT Launching Takes Away Funds
Binance is about to launch the JSTUSDT perpetual contract, combined with Tether's issuance of 1 billion USDT flooding into the TRON ecosystem, hot money in the market may shift to new targets. As a meme coin, TRUMP lacks practical use cases, and once liquidity is siphoned off, it may become an 'outdated internet celebrity.'
3. Security Panic Spreading: The Theft Incident of $BTC Affects Altcoin Sentiment
ZachXBT revealed that a certain address was hacked for 3,520 BTC (approximately $230 million), and the stolen funds exchanged for Monero triggered a 50% surge in XMR. Such black swan events can easily trigger risk-averse sentiment among investors, with high-risk assets being sold off first, making $TRUMP hard to escape the collateral impact.
Dream Core Operation Suggestions:
The current popularity of TRUMP relies on community hype, but under the triple pressure of whale chip loosening + market fund diversion + security anxiety, the risk of chasing long positions far exceeds the returns. If participating, it is advisable to trade with a light position and tight stop-loss lines, and be wary of the 'crazy revelry during the rise, disappearance during the fall' script reoccurring.
Personal prediction that it may rise to $20 tonight, but there will definitely be a pullback before that, and stop-loss immediately if it breaks new lows, do not hold positions