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Author Topic: My friend thought TRUMP would be 500 dollars before trump presidency  (Read 337 times)
passwordnow
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April 12, 2025, 08:04:36 PM
 #21

Many have thought that it will reach certain highs. But then, it didn't happen because the Trump team has to cash out a lot of money on it and he never even care how much millions they've made when he's asked about it. Many here probably lost significant amount of money and that's why a lesson has been learned by many and not just those that are old to the market but also those people that have made themselves composed that they're going to invest into memecoins. That is telling them that they've done a wrong decision and not every memecoin that are in hype is going to make them money, good thing that guy cut loss.

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April 13, 2025, 03:53:06 AM
 #22

Well I do think there is alot of investors that did think they would make fast profit from it. It is the only time a American President did try to pump his own crypto currency.
But I do think for it to go to $500 is just very 'bullish'. There is alot of meme coins on the Solana blockchain that does make alot of profit. But now this token is down more then 83 percent since it did get launched in early of the year.

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April 16, 2025, 06:45:17 PM
 #23

My friend invested $100 in the TRUMP token, which was worth $56 at the time.  However, he was optimistic that the token would soar to more than $500 before the election.  Unfortunately, the token's value has declined significantly, and it is now selling at around $10.  Even if the initial forecast was not met, the friend was able to break even and avoid losses.  It is crucial to consider the unpredictable nature of token price and the volatility of cryptocurrency exchanges.
Predicting the current price of TRUMP.  According to certain projections, the TRUMP token's price could rise by 226.74% to $33.52 by April 28, 2025.  However, the Fear & Greed Index shows a score of 26 (Fear), reflecting a negative outlook.
One of the main problems for those people who do made out some investment is that whenever they do believe into something like a particular price. They dont even know on trying out to check on whats the current total supply of a particular coin on which means that they do believe that it could hit up a particular price because of some too much hype and positivity. Good thing that your friend do able to make out some break even or able to get out before the price do goes up into the floor because on the moment that you've been able to make yourself caught into the dump then there's no way that you can be able to recover out. We do know that once these tokens are on the extreme hype and when that dies down then you would be ending up on holding up some worthless tokens or simply the token becomes shit at the time that the community demand and hype is already gone. Therefore, its really that too dangerous or risky for you to get in on the moment that you've seen such tokens that are just simply built up because of the current hype that its existing. $500 is too much and for sure this will be an eye opener for someone who do able to made out some investment and having thoughts that they could actually made easy money with that. For those who do able to get out on profits then its good but for those who do get themselves get caught on the dump then this ends up an lesson learned for them.
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April 21, 2025, 12:39:29 PM
 #24

My friend invested $100 in the TRUMP token, which was worth $56 at the time.  However, he was optimistic that the token would soar to more than $500 before the election.  Unfortunately, the token's value has declined significantly, and it is now selling at around $10.  Even if the initial forecast was not met, the friend was able to break even and avoid losses.  It is crucial to consider the unpredictable nature of token price and the volatility of cryptocurrency exchanges.
Predicting the current price of TRUMP.  According to certain projections, the TRUMP token's price could rise by 226.74% to $33.52 by April 28, 2025.  However, the Fear & Greed Index shows a score of 26 (Fear), reflecting a negative outlook.
Your friend should have shorted it, and probably still should.

Because what even are these "certain projections" of growth? Not all the projections in the internet are legit. Huge amount them comes from people trying to manifest exit pump for their tokens.
And just looking at the unlocking schedule should be an obvious sign that price goes down. I am sure that trump fans putting money in consider their investment as a win-win, because they are being trump team exit liquidity.

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April 22, 2025, 01:02:17 PM
 #25

It sounds like your friend experienced a classic example of the highs and lows of meme coin speculation. Investing $100 when the TRUMP token was at $56, holding through its drop to $10, and still managing to break even suggests he either sold at the right time on a bounce or offset the loss with some smart trading elsewhere, which is impressive given the market’s unpredictability.

This is a good lesson that in crypto, especially with meme tokens. It’s less about logic and more about timing, sentiment, and managing risk.

If anything, it reinforces the need for clear exit strategies and not relying too heavily on predictions in a space where one tweet or news headline can flip the entire market.
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April 22, 2025, 05:51:49 PM
 #26

Meme coins are the same and will always follow the same price movement irrespective of who is the owner. I don't gamble with shitcoins because you will hardly make profits when you are not lucky to sell when the price is high. Your friend should accept his loss and sell his investment and put it into bitcoin, because bitcoin is profitable overtime.

There are very rear chances that OP friend will recover his invested money. Better accept loss in current scenario because Trump coin has gone down to current value of 9$ after seeing a peak value of 75$ in Jan 2025. If it's Bitcoin I would have suggested that just HODL, price will sooner or later recover but that's not the case with meme coin. A meme coin has a specific duration and after that it's life is over. To be on safe side, I always prefer Bitcoin and keep myself away from such stuff that's uncertain.     

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April 23, 2025, 06:23:30 PM
 #27

$500 for a meme token is wishful thinking, even if it's the meme of the most popular or powerful person on this planet. Memes are memes; they have an end cycle, and in the history of memes, there is no meme that reached $100 in price.
Memes are speculative, and it's very similar to a Ponzi scheme; if you're late in investing, you are likely going to lose, so don't be attracted by the narrative or personality behind a meme—it's a big gamble sticking to memes.

 
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