So, right after this so-called OFFICIAL TRUMP (TRUMP) token launched, boom—everyone’s wallet took a nosedive. Pullback city. Meanwhile, the rest of the crypto world is doing some kind of victory dance. Bitcoin’s chilling, Ethereum’s flexing, and then you’ve got the memecoin circus—Dogecoin, Shiba Inu showing off like they’re the headliners, while Brett, FLOKI, doewifhat, and Bonk are out there sprinting like they’re on a caffeine high. 🐕🐕🦺
Now, TRUMP’s price? Yeah, it’s been doing its own little eyebrow-raising performance, like, “Hey, am I here for a long time or just a hot minute?” Nobody knows. Not even the squirrels holding the tokens.
Right now, TRUMP’s the hot tamale with crazy trading volume thanks to some bullish mumbo jumbo. Then, President Trump (yes, that guy) drops the bombshell: a private dinner for the top 220 holders. May 22. Exclusive! Fancy! Meanwhile, just days earlier, $300 million worth of TRUMP tokens were unleashed, like a crypto rapture, and the short sellers started sweating bullets, betting on a crash. Surprise! The dinner drama liquidated $8.5 million of those shorts. Oh, and a whale—yes, a literal crypto whale—splurged $5 million pushing prices above $16 for a hot second. Splashy much?
But hold on—wait for it—Trump owns 90% of these tokens. Yeah, ninety. Plus, the locked-up stash is slowly opening, like a surprise party nobody asked for, with 492,000 tokens dropping daily for years. And tariffs? Apparently, the Prez is busy carving out special deals like he’s running a Black Friday sale on the global economy. 👀
The bulls have been banging their heads trying to push past $16.5, but nope. Resistance is like that annoying neighbor who never lets you park in front of their house. After a 90% spike and a 500% volume boost, the bears are filing their profits and waving goodbye. So, is this rally a short fling or true love? Stay tuned, grab popcorn. 🍿
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2025-04-23 22:52