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In a world filled with fluctuations and bends between a rocket rise and a thundering fall,
Cryptocurrencies have emerged as financial tools outside of tradition, recognizing only momentum and trust.
And with a name like Donald Trump, it was not surprising that the currency $TRUMP stirred all this controversy from the moment of its launch.
The currency was launched in conjunction with a massive political event, which was Trump's return to the presidency of the United States.
And because Trump only moves in the spotlight, it was natural for this currency to be launched in the market with a tremendous promotional force.
The price started at $6.50, and quickly jumped to an astonishing level of $73 in less than two days.
This rapid rise was not due to technical performance or real investment demand,
But was a direct result of the media momentum accompanying the president's inauguration.
But, as always happens in speculative markets, the price began to decline.
And shortly after, the currency reached a level of $7.14 by last April.
Then came Trump's marketing team to reignite the excitement, through a somewhat strange announcement:
A special invitation for the top 220 currency holders to attend "Dinner with the President."
A lavish event, with a presidential spirit, held at Trump National Golf Club.
The idea of the dinner was genius in terms of impact,
It did not only target those looking to profit but also those who love to appear alongside influential figures.
How many people pay millions just to take a picture or spend a moment with a controversial figure.
And with the promotional machine restarted, the currency rose again,
And buyers rushed in greed for a seat on the top 220 list.
Interestingly, the campaign management did not disclose the names of the attendees,
But the leaderboard includes pseudonyms, one of which bears the name "elon" —
which opened the door to expectations of the presence of Elon Musk himself,
Especially since his sudden appearance in such worlds is no longer unlikely.
On the political side, every statement made by Trump leaves an impact, albeit limited, on the currency's price.
When imposing new tariffs on China and Europe, fluctuations appeared,
But it was not as deep as the impact of the dinner event.
Even his statements about the necessity for American ships to pass freely through the Suez Canal and the Panama Canal,
did not affect the currency's price as expected.
What is truly remarkable is that the future of the currency seems tied to Trump's staying in power.
Whether his presidency is 4 or 8 years,
for the currency remains driven by his persona, not by market logic.
And the bigger question here:
> What will happen if the 2020 scenario repeats?
What if Trump is impeached or politically convicted?
Is the currency completely collapsing?
And what about investors' money?
Mansy & Mansy