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.

[WatChe]

And they are about to fall.

Trump is currently facing a major issue, since Democrats seems pretty serious for seeking probe on his crypto businesses and his other possible controversies.

So with all those negative news coming up, I guess we can possibly more price drop with those tokens related to them. So best not to buy any of their memecoin and don't fall with the hype. Since it seems they might start to dump those coins more and let it die.

It's an open secret now that Trump and his family has made huge profit with crypto and now there are news that Democrats have intentions to probe Trump for his involvement in crpto when they take over congress next year Jan. Crypto saw his biggest liquidation event on Oct 10 last year after Trump announced that US will impose 100% tariff on Chinese product, he withdraw that statement later. A probe will defiantly help in finding how much money trump and his family made with crypto while giving huge loss to people.

[pawanjain]

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.

Funny thing is, it still managed to generate a good hype and people made huge amount of money in it.
Just like a get rich quick scheme, the developers surely made some nice stash launching this project.
These days the crypto market is not really doing well though. Be it bitcoin or altcoins, the prices are either stagnant or declining.
Is it really possible to make money in such a market or better to just keep holding on to our portfolio ?

[Multani Boy]

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.

However, this is probably only partially down to the marketing. The name in this case is an extremely large marketing tool as the brand recognition globally is huge. People were buying into a political hype, not just a random meme coin, plus Trump.

The token was also distributed to various Trump related entities. These held around 80% of the total supply which would be released over a period of 3 years. Only 20% could be bought at the start. We must therefore ask who actually benefits from the hype, and how they are distributed. Therefore, we really gain very little information on their true value from looking at their market cap.

[asriloni]

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.

Rather than tightening regulation to the crypto Democrats seems more interested in hammering trump family by investigating all of trump related cryptos. Anyone who buy this trump coin is retard because at this point, any token or coins related to the trump is guarantee to go hell once he's no longer president.

Honestly, i have a speculation all of trump related coins worth 0 value some days. Even WLFI has so many scandals, and it's not gonna save from Democrats.

Elizabeth Warren is getting serious to hammer Trump's finance.

[Sammysmart001]

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 the lesson from TRUMP coin, normal memecoin starts small so early buyers do gwt chance to grow. TRUMP start already at $12B, insiders have already gain the public is exit liquidity.

So it won’t be that memecoin doesn’t have potential at all. It that when celebrity coin launch with huge valuation and 80% supply for team the game has already finish before retail enter.

If you should miss the first few hour hype don’t chase it, it better to stay out than to go buy loyalty coin that will go down as hype fade out.

[retreat]

Anyone who buy this trump coin is retard because at this point, any token or coins related to the trump is guarantee to go hell once he's no longer president.

Even when he was still in office, the average price of crypto coins related to Trump dropped by about 70% to over 98%. Let alone if he's no longer president, those shitcoins will likely have no value anymore. So basically, anyone putting their money into these shitcoins is just gambling and hoping to still make some profit - while Trump and his family enjoy the profits from royalties, trading fees, and revenue sharing from those shitcoins without spending a single cent. That's how easily he exploits people's stupidity to his advantage.

[Callido]

That the lesson from TRUMP coin, normal memecoin starts small so early buyers do gwt chance to grow. TRUMP start already at $12B, insiders have already gain the public is exit liquidity.

A popular entertainer launched a memecoin, the coin ended up dead. Tokens listed by celebrities should be avoided, those projects don't end well, none of the projects have ever lasted for long, Trump, with his reputation, couldn't run a successful memecoin, then who else?

Trump after leaving office thinking of what to do next, most likely making plans to prepare his son for one of the offices.

[Orpichukwu]

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.

However, this is probably only partially down to the marketing. The name in this case is an extremely large marketing tool as the brand recognition globally is huge. People were buying into a political hype, not just a random meme coin, plus Trump.

The token was also distributed to various Trump related entities. These held around 80% of the total supply which would be released over a period of 3 years. Only 20% could be bought at the start. We must therefore ask who actually benefits from the hype, and how they are distributed. Therefore, we really gain very little information on their true value from looking at their market cap.

@Multani Boy, In reality, what people were buying is fake hope and a dream. It's nothing far from that. The name, which is attached to the shitcoin, which is Trump and his entire family, is just the same as some influencers who have a large community come out to promote and hype a memecoin, and their followers blindly invest their hard earnings and make the issuers and a few stakeholders wealthy while the rest of them struggle to pull out something.

Trump shitcoin and all shitcoins created with his family name attached to it. The investors are part of the few foolish investors I have seen in the industry; they thought the token would have some sort of direct US government backing, but in reality they were just helping racist and his family print money..