🚨 TRUMP TOKEN SURGES 66% — SHORTS WIPED OUT
TRUMP exploded higher with a ~66% bounce, catching many traders off guard after days of heavy short positioning.
📊 WHAT TRIGGERED IT:
The Trump team announced a “Gala Luncheon” event for the top 297 token holders, instantly sparking speculation and aggressive buying.
⚡ MARKET REACTION:
▸ Price surged over 66%
▸ ~$8M in short liquidations
▸ Short sellers caught in a classic squeeze
🧠 WHAT THIS SHOWS:
Narratives and incentives can move meme tokens faster than fundamentals. When liquidity is thin and positioning is crowded, even
a single announcement can ignite massive volatility.
Short squeezes don’t warn you.
They just happen.