BMClogo

We live in wild times. Imagine being told a few months ago that POTUS will have its own meme coins. Alternatively, the meme token will soar to billions of dollars in market cap before it drops 90% in a few weeks.

Or the same president who once opposed the industry would praise the coin on his social media channels. Or, he will invite the top 220 holders of that meme to have dinner with him…

Well, this is 2025 and all of this has happened in the last three months. The supper message went out yesterday and the token was flying. It peaked after its release in January, reaching nearly $80, but it dropped to $9, but reached $16 in a matter of minutes as investors rush to hype.

The price increase caused Trump to draw a height for seven weeks. However, this is obviously a whale game, as most large purchases are worth millions of dollars. Or, perhaps even insiders, the project has been charged before.

Some people use only hype and may have little intention to attend actual dinners. The whale spent $5 million to buy 407,467 Trump for $12.27, selling the hiding place for $732,000 in less than 30 minutes.

As Lookonchain describes, there is also a “sad” story. The analysis platform said an entity dumped all 630,339 Trump tokens before dinner news. As a result, they missed over $4.5 million in potential profits.

Special offer (sponsored)

Binance Free $600 (Cryptopotato Exclusive): Use this link to register for a new account and get an exclusive welcome offer of $600 on Binance (Full details).

Limited offer for Bybit’s Cryptopotato readers: Use this link to register on any coin and open a $500 free job!



Source link