$TRUMP if the President launches a coin, then it will be followed by influencers/celebrities or anyone who is popular and crypto will collapse on its own.
There are so many memecoins right now, be careful and use good risk management.
Use the Spot market, Futures is not the best way to rely on luck.
$TRUMP Reflection: If the TRUMP memecoin dumps, it will have a bad impact on D. Trump's image. I believe that launching a memecoin with his name days before assuming the presidency was a risky move, which could be for or against. Anyone who knows the market well, and analyzes it, knows Memecoins are dangerous, and everything that goes vertical, comes down vertical.
$TRUMP Price Prediction After Donald Trump Inauguration
TRUMP coin has shown impressive performance since its launch, with a significant price increase from $47 to $77, and is now stable at $70. With Donald Trump’s inauguration as the US president coming up, many are wondering what will happen to the price of $TRUMP next.
Technical Analysis From the technical analysis, it can be seen that the trading volume has increased significantly, indicating strong demand or buyer participation. This could be a signal that the price rally may be very sustainable. In addition, the Chaikin Money Flow (CMF) is also showing an uptrend, which supports this bullish view.
Price Prediction If the current trend continues, $TRUMP could record a new high. However, if selling pressure increases, the price is at risk of dropping to $40.85. Therefore, it is important to monitor the price movement and trading volume continuously.
Factors Affecting Price Donald Trump's inauguration as US president could be a factor affecting the price of $TRUMP. If Trump's policies support the crypto industry, the price could increase.
Investment Strategy For investors who want to take advantage of the potential price increase, the right investment strategy is to buy and hold (HODL) this coin for the long term. However, it is important to monitor price movements to avoid losses.
Risks and Potentials Investing in the TRUMP crypto coin has high risks and potentials. Therefore, it is important to understand the risks and potentials before investing. Make sure you do thorough research and understand the market conditions before making an investment decision.
Conclusion With the inauguration of Donald Trump as US president coming up, the price could experience significant changes. It is important to monitor price movements and trading volumes continuously, and understand the risks and potentials of investing in this TRUMP coin.