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

[Abiky]

I don't expect the same drama to happen with democrats, even though I believe that the crypto initiatives will always be introcued as a dramatic scene to enjoy watching with some popcorn as long as the whole sector is not fully adopted by the american system.

As for the coin lunched by the Biden's son, I think he is just following the wave as democrats are not ruling the politics. But later if the democrats win the presidential after winning in the midterm election, it will not be that easy for him to start such a scam without being subjected to agressive critics.

Well, Biden's son isn't a government official or politician, so he's free to launch his own coin. Not like Trump which launch his very own crypto while he was in office. Two completely different things. Trump's situation can be called a "Conflict of Interest". Especially when he profited off the presidency with both his "meme" coin and multi-chain token (dubbed WLFI). Apparently, Trump made a deal with the UAE to pour money into his World Liberty Financial project.

The hype is starting to fade after Democrats successfully secured the majority in both chambers of Congress (House and Senate). Both WLFI and TRUMP's ("meme" coin) death is certain now. After the presidency, they will simply fade away into oblivion (starting with the "meme" coin). Yet, Trump's supporters will still buy these coins out of loyalty. We'll see what the market decides in the long run.

[Kavelj22]

I don't expect the same drama to happen with democrats, even though I believe that the crypto initiatives will always be introcued as a dramatic scene to enjoy watching with some popcorn as long as the whole sector is not fully adopted by the american system.

As for the coin lunched by the Biden's son, I think he is just following the wave as democrats are not ruling the politics. But later if the democrats win the presidential after winning in the midterm election, it will not be that easy for him to start such a scam without being subjected to agressive critics.

Well, Biden's son isn't a government official or politician, so he's free to launch his own coin. Not like Trump which launch his very own crypto while he was in office. Two completely different things. Trump's situation can be called a "Conflict of Interest". Especially when he profited off the presidency with both his "meme" coin and multi-chain token (dubbed WLFI). Apparently, Trump made a deal with the UAE to pour money into his World Liberty Financial project.

The hype is starting to fade after Democrats successfully secured the majority in both chambers of Congress (House and Senate). Both WLFI and TRUMP's ("meme" coin) death is certain now. After the presidency, they will simply fade away into oblivion (starting with the "meme" coin). Yet, Trump's supporters will still buy these coins out of loyalty. We'll see what the market decides in the long run.

Even without losing in the midterm election, Trump's project are already considered as dead after the community discovered how manipulative those coins are and that it shows clearly the conflict of interest. The Trump coin already dropped since months long before the midterm elections, and Melania's coin as well especially after the Epstein scandal. But we have to confess that those scammers succeeded in generating satisfying profits during the first period after lunch. All what they were looking for is some hype, which had been created by the Trump phenomena.

[pawanjain]

Even without losing in the midterm election, Trump's project are already considered as dead after the community discovered how manipulative those coins are and that it shows clearly the conflict of interest. The Trump coin already dropped since months long before the midterm elections, and Melania's coin as well especially after the Epstein scandal. But we have to confess that those scammers succeeded in generating satisfying profits during the first period after lunch. All what they were looking for is some hype, which had been created by the Trump phenomena.

It was a meme coin afterall. What else can we expect from a memecoin anyway ?
Besides that, the coin was already dead back when it was launched in the crypto market just a few weeks later it started dumping.
Even Melania coin faced the same fate and I remember it because even I tried grabbing the opportunity back then but was too late and missed out on the hype.
I'd rather not invest in a memecoin after having such a bad experience.

[o48o]

It was a meme coin afterall. What else can we expect from a memecoin anyway ?
Besides that, the coin was already dead back when it was launched in the crypto market just a few weeks later it started dumping.
Even Melania coin faced the same fate and I remember it because even I tried grabbing the opportunity back then but was too late and missed out on the hype.
I'd rather not invest in a memecoin after having such a bad experience.

There are memecoins and there are memecoins that start from $12 Billion marketcap valuation, carrying the name of one of the most hated liar on the planet. And even then some investors and newbies thought that it was something to grow from.

Compare that to non-serious micro marketcap memecoin that's build around some cute animal. Even if both are build by scammers, other one at least have a small change to grow for a while before you can dump it (in the past at least). Shiba didn't start from high valuation, because people aren't that insane.

And none of this is a recommendation for any sort of memecoins, because these days it's way harder to catch a gem, when markets are constantly flooded by AI bots creating countless of tokens and paid and active (but fake) communities for them. Changes for anyone finding anything real from microcaps are essentially zero.

[Zaka1221]

It was a meme coin afterall. What else can we expect from a memecoin anyway ?
Besides that, the coin was already dead back when it was launched in the crypto market just a few weeks later it started dumping.
Even Melania coin faced the same fate and I remember it because even I tried grabbing the opportunity back then but was too late and missed out on the hype.
I'd rather not invest in a memecoin after having such a bad experience.

Without any doubt, Trumpcoin was a memecoin whose main object was using impact and having financial benefit, which is now at almost the lowest level, with recent developments making things more difficult for this to have any good point in the future. A few memecoins have done well in the past, but now it's never been ideal to have investment in this because people are having enough awareness about memecoins and the consequences of investing in them. A few celebrities try to cash out their names through this, but it's not having any future.
Due to many deep facts, the altcoin market is almost at the lowest level, with no good chance of survival in the long run. Just a few top coins are doing well and have enough potential to stay alive because their teams are doing good work and also have good strategy for keeping things on a good level.

[pooya87]

There are memecoins and there are memecoins that start from $12 Billion marketcap valuation, carrying the name of one of the most hated liar on the planet. And even then some investors and newbies thought that it was something to grow from.

That shows the power of advertisement, something we've seen in the shitcoin market time and time again. The completely useless shitcoins/shittokens that have a better advertising team that can generate a bigger hype for them can mage to pump them easier than those who just create their shittoken and expect it to pump.

In this case these similarly useless shittokens were carrying the name of a convicted felon and a pedophile and because it could be advertised more and reach more gullible people, it managed to pump easier in comparison to some other shitcoins.
But I don't think anybody with half a brain thought this could grow though. After all these are completely useless shittokens created to raise money for the issuers not for those who buy it.