CryptoQuant CEO Ki Young Juformer US President Donald TrumpHe stated that he may face some serious challenges on his way to becoming a Web3 entrepreneur. In his statement on the X platform on October 13, Ju made remarkable criticisms about Trump’s new projects. Trump’s WLFI It is known that it plans to launch the public sale of its altcoin on October 15. It was announced that the sales details will be announced in a live broadcast on October 14.
Challenges Ahead for Trump as a Web3 Stakeholder
Ju, for Trump to be successful in the Web3 field, he must first become a Blockchain detective ZachXBT He emphasized that it should be subject to strict supervision by experts such as. He noted that Trump needed to not only develop the project but also keep his social media following alive with bold, even narcissistic tweets at times. He added that with this type of strategy, it is imperative to defend the price of the altcoin.
Another challenge Trump will face is negotiating with cryptocurrency exchanges. altcoinIt will be to ensure that ‘s are listed. Ju stated that another equally important factor is ensuring the security of wallets and smart contracts.
On the other hand, Trump will need to make efforts to control retail investor distribution and keep prices stable during the WLFI coin ICO process.
Global Risks and the Necessity to Develop Strong Narratives
Ju stated that Trump cannot keep his project afloat by just defending prices, and that he must constantly present comprehensive usage areas and convincing narratives for his project to be successful. Besides that Web3 He stated that there is a high risk of failure in the world and that Trump may face being labeled as a “fraudster” on a global scale until there are recoveries after the declines.
CryptoQuant CEO says Trump WLFI coinAll these comments about him came at a time when curiosity was increasing both in the cryptocurrency world and in political circles. Because the live broadcast on October 14 and the public sale on October 15 are seen as important steps that will determine Trump’s fate in the cryptocurrency world.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.