Does the TRUMP coin still have potential after the inital hype?

[JamesDaniel90]

TRUMP Token Falls 17%, WLFI Drops 7% After Democrats Sweep Midterms
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Two crypto tokens tied to President Donald Trump, the official TRUMP (CRYPTO: $TRUMP) memecoin and World Liberty Financial's WLFI (CRYPTO: $WLFI), led losses among the top 100 cryptocurrencies on Wednesday after Democrats won control of Congress in the U.S. midterm elections.

The slide came while the rest of the market rallied. The results could make it harder for Trump to push his crypto plans through Congress and invite more scrutiny of his family's crypto businesses, and analysts say the divergence raises questions about whether political sentiment alone can sustain demand for the tokens.

I see this fell down to $1.22 yesterday and currently at $1.27.

I may be interested in this if it falls down to $1 as it only takes some good news again for this to pump quickly like we have seen in the past.

Just glad i never bought this last year around $10, its a risk and it has just gone downhill last 18 months but if we do see it below $1, it could be near the bottom there.

[Iranus]

TRUMP Token Falls 17%, WLFI Drops 7% After Democrats Sweep Midterms
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Two crypto tokens tied to President Donald Trump, the official TRUMP (CRYPTO: $TRUMP) memecoin and World Liberty Financial's WLFI (CRYPTO: $WLFI), led losses among the top 100 cryptocurrencies on Wednesday after Democrats won control of Congress in the U.S. midterm elections.

The slide came while the rest of the market rallied. The results could make it harder for Trump to push his crypto plans through Congress and invite more scrutiny of his family's crypto businesses, and analysts say the divergence raises questions about whether political sentiment alone can sustain demand for the tokens.

Did you forget about MELANIA? It's another meme coin tied to Trump, and it suffered the same fate as those two shitcoin, dropping by more than 15%.

And what exactly are Trump's crypto plan? He has no real plan beyond exploiting crypto to further his political career and line his own pockets. He has never cared about crypto, and he still doesn't.

I do not think we need to dig any deeper here. Politically linked tokens are shitcoins from the get go.

[pooya87]

TRUMP Token Falls 17%, WLFI Drops 7% After Democrats Sweep Midterms
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Two crypto tokens tied to President Donald Trump, the official TRUMP (CRYPTO: $TRUMP) memecoin and World Liberty Financial's WLFI (CRYPTO: $WLFI), led losses among the top 100 cryptocurrencies on Wednesday after Democrats won control of Congress in the U.S. midterm elections.

The slide came while the rest of the market rallied. The results could make it harder for Trump to push his crypto plans through Congress and invite more scrutiny of his family's crypto businesses, and analysts say the divergence raises questions about whether political sentiment alone can sustain demand for the tokens.

The crushing defeat of Trump's regime in the US was the second largest defeat of the US regime after the crushing defeat they experienced when facing Iran back in March. So obviously a shittoken that is tied to the pedophile POTUS should take a big hit...

... but lets not forget that at the end of the day this is a completely useless shittoken we are talking about. Look at the long term chart (it is monthly), you can clearly see that it has been dumping consistently since as I said it is an utterly useless shittoken



All useless shitcoins and shittokens have similar looking charts that keeps going down until they die.

[Rengga Jati]

I see this fell down to $1.22 yesterday and currently at $1.27.
I may be interested in this if it falls down to $1 as it only takes some good news again for this to pump quickly like we have seen in the past.

I'm not surprised if it may drop below $1 soon. I think we shouldn't be interested in this coin anymore because the hype is over and the price has dropped too far from its ATH. It will never return to its best price. In my point of view, this coin doesn't deserve to be a choice for our investment.

Just glad i never bought this last year around $10, its a risk and it has just gone downhill last 18 months but if we do see it below $1, it could be near the bottom there.

It is good that you didn't buy at $10. You must also never buy this coin at the current price. We never know what's the next bottom price of this coin. But it must be below $1. I assume this coin can be deadcoin if there is no good news again. This TRUMP coin is the same as other memecoins, it only relies on the hype. One the hype starts to be over, the price starts to decline more and more.

[jossiel]

All useless shitcoins and shittokens have similar looking charts that keeps going down until they die.

This coin is good as dead.

It only took a couple of months until the dump has happened.

I assume that Trump was laughing when he's seeing that profits were coming his accounts when people believed this shitcoin is going to change their lives.

People never learn what these meme coins can bring to them, with all the hype and talks they see, they're already entrusting them with their money.

[asriloni]

TRUMP Token Falls 17%, WLFI Drops 7% After Democrats Sweep Midterms
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Two crypto tokens tied to President Donald Trump, the official TRUMP (CRYPTO: $TRUMP) memecoin and World Liberty Financial's WLFI (CRYPTO: $WLFI), led losses among the top 100 cryptocurrencies on Wednesday after Democrats won control of Congress in the U.S. midterm elections.

The slide came while the rest of the market rallied. The results could make it harder for Trump to push his crypto plans through Congress and invite more scrutiny of his family's crypto businesses, and analysts say the divergence raises questions about whether political sentiment alone can sustain demand for the tokens.

Nearly impossible for Trump to push his crypto plan. Democrats are going so aggressive after they won the midterms.

They will investigate trump's venture. They will also disallow data center AI, which is creating a big dump on crypto and SP500. The crypto bros and stock bros are getting hammered so hard from any of democrats decision.

It's s*ck to see crypto market is going down due to these democrats aggressiveness. The problem is their decision is also impacting bitcoin and bluechip alts so hard. If it's only Trump's meme, i'll not complaint.

[Alonso_]

TRUMP Token Falls 17%, WLFI Drops 7% After Democrats Sweep Midterms
link
Two crypto tokens tied to President Donald Trump, the official TRUMP (CRYPTO: $TRUMP) memecoin and World Liberty Financial's WLFI (CRYPTO: $WLFI), led losses among the top 100 cryptocurrencies on Wednesday after Democrats won control of Congress in the U.S. midterm elections.

The slide came while the rest of the market rallied. The results could make it harder for Trump to push his crypto plans through Congress and invite more scrutiny of his family's crypto businesses, and analysts say the divergence raises questions about whether political sentiment alone can sustain demand for the tokens.

The crushing defeat of Trump's regime in the US was the second largest defeat of the US regime after the crushing defeat they experienced when facing Iran back in March. So obviously a shittoken that is tied to the pedophile POTUS should take a big hit...

... but lets not forget that at the end of the day this is a completely useless shittoken we are talking about. Look at the long term chart (it is monthly), you can clearly see that it has been dumping consistently since as I said it is an utterly useless shittoken



All useless shitcoins and shittokens have similar looking charts that keeps going down until they die.

Indeed the Trump regime is a mess, just look at what happened with him in the midterm now blaming Iran war while he brought this on himself, I must say he brought this crushing defeat on himself, I was thinking he could’ve defeated Iran by now and the war would’ve been over, Iran keeps playing mind games with him, and the Trump regime is looking like a mess just like his shitcoin or shittoken is looking like a mess as well, your graph says it all about his shitcoin or token that keeps going down in numbers, actually that shittoken did take a big hit, and I feel sorry for people who actually put their money in it, because it’s been a disaster just like the Trump Regime. The shittoken is completely worthless it has nothing to right home about, it’s been dumping and dumping to the trash, you’re very correct sir.

[Abiky]

Nearly impossible for Trump to push his crypto plan. Democrats are going so aggressive after they won the midterms.

They will investigate trump's venture. They will also disallow data center AI, which is creating a big dump on crypto and SP500. The crypto bros and stock bros are getting hammered so hard from any of democrats decision.

It's s*ck to see crypto market is going down due to these democrats aggressiveness. The problem is their decision is also impacting bitcoin and bluechip alts so hard. If it's only Trump's meme, i'll not complaint.

Trump's crypto projects are doomed. Both his "meme" coin and WLFI token. I mean, they were directly linked towards the success of Donald Trump's presidency. And so far, it's been nothing but utter disaster. Democrats are going to make it worse for crypto, especially when Trump used crypto for his own advantage. They will regulate crypto with an iron fist.

At the time of this writing, WLFI and TRUMP have declined sharply in market price. The dip will continue by the end of the year. Maybe even longer than that if Democrats decide to bring out the "big guns". End of an era, I guess. Unless, Trump and team manage to bring use cases for WLFI. That would bring holders a glimmer of hope. I wouldn't say the same about the "meme" coin, though.

[Futurexxx]

If you must buy those coin ensure you use a spare money because those coin was just flowed into market and there future potential is no certain. However, inasmuch as we don't know the potential of those coins in the future there is still possibility that there value can appreciate in the future so I will suggest that you should give it a try and hold them for sometime.

Coin like this Trump coin that has gone past their prime moment are not meant to be held, because they stands a higher chances of depreciating the more than appreciating in the future. And if Mr president, Donald Trump goes out of office in few years time from now, it may even become worse than it is presently, so risking your hard earned money on such coin is not worth it.

If you are hell bent on taking a risk in an alt coin, then I would advice that you should do it with like 10% of your discretionary income, and you should be targeting a new coin that hasn't had it best days yet, not Trump coin that it best days are behind already.

[Cossyblack]

If you must buy those coin ensure you use a spare money because those coin was just flowed into market and there future potential is no certain. However, inasmuch as we don't know the potential of those coins in the future there is still possibility that there value can appreciate in the future so I will suggest that you should give it a try and hold them for sometime.

As far as am concern, trump coin is a shit coin, therefore anybody who has an interest to invest in the coin is doing so at his own risk, because whatever happen to his investment in the future, the consequences is his to face alone. I won't advise anyone to invest in that shitcoin because it doesn't have the capacity to grow over time. The only reason the trump coin hasn't lose more of it's value than it has already is because  donald trump is using his influence as president to hype it. What then will happen to the coin the day he leaves the white office and what will  be the fate of Investors who have invested in it? This is what people should consider before embarking on such a journey.

If you are hell bent on taking a risk in an alt coin, then I would advice that you should do it with like 10% of your discretionary income, and you should be targeting a new coin that hasn't had it best days yet, not Trump coin that it best days are behind already.

Even though you invest in it using your discretionary income, you'll feel the pain of losing your investment if it crashes, I consider such investing as gambling because the chances of losing is greater than your chances of profiting from it over time. I think the best advice is avoid investing in it rather than to risk your money on an investment that will give you sleepless nights.

[o48o]

TRUMP Token Falls 17%, WLFI Drops 7% After Democrats Sweep Midterms
link
Two crypto tokens tied to President Donald Trump, the official TRUMP (CRYPTO: $TRUMP) memecoin and World Liberty Financial's WLFI (CRYPTO: $WLFI), led losses among the top 100 cryptocurrencies on Wednesday after Democrats won control of Congress in the U.S. midterm elections.

The slide came while the rest of the market rallied. The results could make it harder for Trump to push his crypto plans through Congress and invite more scrutiny of his family's crypto businesses, and analysts say the divergence raises questions about whether political sentiment alone can sustain demand for the tokens.

Did you forget about MELANIA? It's another meme coin tied to Trump, and it suffered the same fate as those two shitcoin, dropping by more than 15%.

And what exactly are Trump's crypto plan? He has no real plan beyond exploiting crypto to further his political career and line his own pockets. He has never cared about crypto, and he still doesn't.

I do not think we need to dig any deeper here. Politically linked tokens are shitcoins from the get go.

Not to mention that this is probably not linked to Trump in any other way, then with a contract he signed with Meteora give rights to use his brand name for a pile of money with some airdropped tokens with a promise of giving few shouts and hosting some weird ass dinners.

This is just a scam orchestrated by someone else, not to be confused with $WLFI which is corruption and whole another level of grifting.

[Mayor of ogba]

If you must buy those coin ensure you use a spare money because those coin was just flowed into market and there future potential is no certain. However, inasmuch as we don't know the potential of those coins in the future there is still possibility that there value can appreciate in the future so I will suggest that you should give it a try and hold them for sometime.

As far as crypto world is concerned, there's no coin or token that's guarantee of giving profit any coin or token could disappoint you at anytime that's why it's very necessary for anyone investing in either bitcoin, altcoin, or memecoin to use his or her spare money. I see Trump coin falling more when the new United States of America is elected so I don't think it's right to buy Trump coin now people should just watch and see how Trump coin will do after Donald J. Trump is no longer the president of the United States of America to know if Trump coin is good to buy.

[DanWalker]

As far as crypto world is concerned, there's no coin or token that's guarantee of giving profit any coin or token could disappoint you at anytime that's why it's very necessary for anyone investing in either bitcoin, altcoin, or memecoin to use his or her spare money. I see Trump coin falling more when the new United States of America is elected so I don't think it's right to buy Trump coin now people should just watch and see how Trump coin will do after Donald J. Trump is no longer the president of the United States of America to know if Trump coin is good to buy.

Imo, the best move is to take this shitcoin off our watchlist. A coin tied to a politician known for controversies and corruption scandals isn't worth wasting our time and money on. Especially when there's no shortage of tokens with way more potential out there.
Even if you wanna invest in memecoins, there are plenty of better options out there than this Trump coin.
Why ape into a coin that's most likely not gonna end well?

[2stout]

This memecoin was mainly about making one person money- the current sitting president.  The money in this for the president was folks buying his memecoin for access.  That access is valuable as it opens up a play to pay menu for things like policy influence and pardons.  So basically you have to buy the catalogue in order to place your order.

[WatChe]

Imo, the best move is to take this shitcoin off our watchlist. A coin tied to a politician known for controversies and corruption scandals isn't worth wasting our time and money on. Especially when there's no shortage of tokens with way more potential out there.
Even if you wanna invest in memecoins, there are plenty of better options out there than this Trump coin.
Why ape into a coin that's most likely not gonna end well?

Fate of every memecoin is same whether its Trump coin, LAPTOP (backed by son for Joe Biden) or any other. They go up for a very short duration and after that they are down forever. If you are investing in memecoin then you need to be aware of these facts. It will be a big mistake to buy a memecoin when its price is at its peak because after that price of memecoin will only go down and this is whats happening with Trump coin. Because of these factors I never invested in memecoin and I am satisfied with my decision.   

[DanWalker]

Fate of every memecoin is same whether its Trump coin, LAPTOP (backed by son for Joe Biden) or any other. They go up for a very short duration and after that they are down forever. If you are investing in memecoin then you need to be aware of these facts. It will be a big mistake to buy a memecoin when its price is at its peak because after that price of memecoin will only go down and this is whats happening with Trump coin. Because of these factors I never invested in memecoin and I am satisfied with my decision.   

Dunno if that's true for every memecoin, that all of them end up at zero.
But Floki hit new ATH last bull run and even built a whole ecosystem with a bunch of different products. PENGU is another pretty big meme project , community's huge and engagement is crazy high.

Maybe these are just exceptions among countless useless memecoins out there . But at least it shows not every meme project is the same.

Personally , I don't like lumping them all together just because they fall into the memecoin category .