Trump has released a meme coin - it has only just been released and is being pumped to the moon
Forking out for this stupid coin is a wild gamble. What a scam! - they released 200 million of them, so at it's peak price of US$65 each they created US$1.3 billion out of nothing but hype for a worthless meme coin.
I must admit I probably made a bad call saying it was a joke at US$39 yesterday, as it rose another 65% after I said it was a worthless scam last night - up from US$39 to US$65
Previously I was expecting it to peak at around US$50 then trigger a sell off and drop back to about US$20
But ultimately it's another meme coin scam so sooner or later the price will drop back and when it does it will drop fast.
When that will happen is pure guess work. I am generally a crypto pessimist so I was expecting it to happen within a day or two from the outset, but the crash could be anywhere from one day right up to four years. I'm confident it won't last beyond Trump's four year term, (and I'm also confident this will be Trump's last term)
I'm still thinking if it ever gets up to US$100 that will trigger a sell off and am still expecting it to crash before the end of this month. I wouldn't touch it with a 10 foot pole but I do think the Solana blockchain that all these meme coin scams are based on is worth a look.
Previously I was expecting it to peak at around US$50 then trigger a sell off and drop back to about US$20
But ultimately it's another meme coin scam so sooner or later the price will drop back and when it does it will drop fast.
When that will happen is pure guess work. I am generally a crypto pessimist so I was expecting it to happen within a day or two from the outset, but the crash could be anywhere from one day right up to four years. I'm confident it won't last beyond Trump's four year term, (and I'm also confident this will be Trump's last term)
I'm still thinking if it ever gets up to US$100 that will trigger a sell off and am still expecting it to crash before the end of this month. I wouldn't touch it with a 10 foot pole but I do think the Solana blockchain that all these meme coin scams are based on is worth a look.