Trump Coin: A Carefully Designed 'Presidential Level' Harvesting Game
While other countries need to spend real money to pump the market, Trump only needs to host a dinner—on April 23, his team announced that 'the top 220 holders can have dinner together.' As soon as the news broke, the market went into a frenzy. Wealthy individuals dreaming of dining with the president went on a buying spree, causing the coin price to soar 80% in one day, reaching $16. Meanwhile, while everyone was caught up in FOMO, a whale quietly cashed out $730,000 and left the market.
This dinner is essentially a meticulously planned 'Hunger Games.' The rules are clearly stated: all expenses are to be paid out of pocket, and Trump himself may even be absent, merely sending an NFT instead. Yet, even so, some are willing to spend hundreds of thousands of dollars just to exchange for the social capital of 'having dinner with the president.' After all, in the arena of fame and fortune, such opportunities can be more tempting than making money.
But what about ordinary retail investors? They may not even be aware that on April 18, 40 million tokens were unlocked, while the team held 80% of the chips. After the price was driven up, large holders quickly sold off, causing the coin price to drop back below $14 in an instant. Those who thought they could break even after buying at $10 were suddenly caught in a loss again.
Trump has played this game before. Last year, his NFTs sold out in a day, relying on the classic combination of 'limited edition + dinner.' Now that he is the president, his harvesting approach is even more unrestrained—after all, he is already entangled in lawsuits and doesn't mind adding one more.
So, if you still hold $TRUMP, you’d better think it through: are you here to make money, or to be a sponsor of the 'dinner ticket'? In this market, the president's promises may be less reliable than the white paper of a meme coin.
