Two well -known crypto investors said Donald Trump might have made a major financial mistake shortly before he started his duty. Donalt and Cred claim that Trump’s official breast coin’s release of Trump causes a great leyture to be wasted.
Trump Coin’s first rise
Launched on January 17, Trump reached $ 72 billion with a completely diluted market value (maximum supply*price) within a few days. This increase was placed between Trump among the 20 largest crypto assets, while Trump and connected people had 80 %of the supply.
Later, Trump suddenly launched a second official Coin, Melania. This movement caused a sudden decrease in Trump’s price, as investors realized that Trump coins could lead to risks thanks to the new Trump family tokens.
“This move undermined the rise of Trump Coin, who appeared to be unstoppable.” -Cred
Donalt warned that 80 %allocation of Trump and his team will be released over time (the completion time of the 36 -month lock opening). This may trigger an important sales in the market and warned investors about possible damages.
“Melania Coin’s launch because of the launch of the market, I think there will be a serious decline,” Donalt said. Trump fell from the highest $ 72,62 dollars he reached on January 19, to $ 29.43 at the time of the article.
Trump’s crypto relationship
Trump’s direct role in the launch of both Coins is controversial, and these coins are known to be carried out by Trump’s organizations CIC Digital LLC and Fight Fight Fight LLC. Trump said in a statement about the new Memecoin, “I started and I don’t have much information other than that. I heard that you were successful, I did not check ”.
Aside from the Breast CoIN debates, Trump’s team has already begun to remove the burdens on crypto currency investors. A controversial accounting guide, which prevented banks from keeping crypto assets on behalf of their customers, has been removed.
These movements in the crypto market are closely monitored by investors and market observers.
Fast rise and sudden decreases in crypto markets are frequently seen. Evaluation of Trump’s Launch of Breast Coin in this context reveals important lessons on the stability and management of crypto assets. Investors are advised to be careful in such risky moves and analyze market trends well.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
