Mesnes have notoriety in the cryptography industryIn particular if they are linked or renowned personalities, and the last of the President of the United States himself, $ Trump, would now be like all other altcoins. During its launch, some first investors jumped to buy the same Trump in a few minutes that were announced, and these purchases had already collected.
$ Trump Memecoin Controversy: were the first investors lower?
A report of Cable I thought about the release of the $ Trump same on January 18, in particular because it was an eruption that immediately climbed huge figures, including an excess of $ 14 billion in market capitalization during its peak per day. However, there are suspicious figures that have made a surprisingly rapid movement towards investment in the same, according to the report.
A crypto trader – whose portfolio address ends with ‘J9TXV’ – immediately jumped the pistol and bought $ 1.1. Million of the same after about two minutes of its announcement. Another has invested $ 500.00, with two traders buying $ 250,000 from the same and one with $ 50,000 in a few minutes.
The CEO of Cryptoporensic Investigators, Paul Sibenik, said that these investors were quite quick to buy, and he hypothesized that they had “avant-garde” or a advice that has considerably borne fruit. That said, it is also possible that it is only due to “blind luck” according to Wired, because many want an eye on the last companies on the market.
Should you buy $ Trump even and Hodl it?
That said, all these first four investors have already thrown their pieces by moving them first to other wallets and selling them later, and most are already sold, winning tens of millions in the process. During its peak, $ Trump reached almost a sale price of $ 73 each, according to FlirtatiousBut as he died, he is now at $ 24.
Its price and market capitalization have lost almost two thirds of their cutting-edge value after two weeks, and as always, investors who seek to buy a cryptocurrency, including Trump memecoin, are invited to invest at their own risk .
Donald Trump and his cryptocurrency plans
Donald J. Trump is now the most popular figure in recent news because of his significant victory in the American national elections last November, his massive changes in the country’s policy and his new campaign with the cryptocurrency industry . In July 2024, Trump shared one of the biggest news in his career This helped shape his future now, and who focuses on the priority of cryptocurrency during his second term.
Some of the promises that Trump made was to make in the United States the “cryptographic capital in the world” and to make bitcoin a “superpower”, and at both ends, the president delivered because he is one of the main reasons for which the industry has rallied. Even before the end of 2024 and the inauguration of Trump, Bitcoin already climbed more than 140% And has reached new heights of all time, the rest of the industry next.
And although his volatile nature is still one thing, one of Trump’s first works in his presidency was to sign his first crypto policy which appointed a working group to create regulations for the industry. In the midst of all this, Trump launched his same, $ Trump, for the world to exchange, but there are suspects who believe that there were investors lower than its launch because of its bizarre launch, but it n ‘is not surprising behavior for altcoins.