🚫 Some Valuable Thoughts on Trump Coin 🧠

The Name Doesn’t Mean Much

Just hearing the name “Trump Coin,” many people assume it was created or endorsed by Donald Trump himself. But in reality:

Trump has stated multiple times that he is not involved with these coins.

So, investing based on the name alone is foolish.

Meme Coin ≠ Long-Term Investment

Trump Coin is much like a meme coin — its value rises with hype and crashes afterward. Just like Dogecoin or Shiba Inu, their prices fluctuate mainly based on publicity.

Similarly, Trump Coin’s price tends to rise during times of political tension or election campaigns, but then falls afterward.

Often Used in Scams

Scammers often create new crypto coins with names like “Trump Coin,” “Elon Coin,” or even “Putin Coin.” They artificially raise the price for a few days and then execute a ‘pump and dump’ scheme to make money.

🔴 Pump and Dump: A group buys early and drives the price up, then sells off when the general public buys in — making profits while others lose money.

Mixing Politics and Money Can Be Risky

Coins like Trump Coin are heavily dependent on political figures. If Trump gets into controversy, loses an election, or gets negative press, the coin’s value can suddenly drop.

Trump Now Supports NFTs and Crypto, But Caution Is Still Key

Even though Trump has recently shown support for NFTs and crypto, it’s still important to stay cautious and not jump in blindly.