First, the conclusion: $TRUMP will recently return to below $10 #加密市场反弹
The reasons are as follows:
I: Recent psychedelic operations by the project party
1. Delayed the release of approximately 40 million tokens (valued at about $320 million) originally scheduled to enter circulation on April 18.
2. The project party claims that Trump will host a banquet for the top 220 holders of TRUMP tokens.
3. The team transferred 1.346 million TRUMP tokens to CEX
Market analysts have predicted that if the unlocking proceeds as planned, it will result in catastrophic consequences, with some predicting the price could fall to $3 or lower by the end of May. After the announcement of the 90-day delay in token unlocking, its price soared over 60%. Before the delay, the token had plummeted nearly 90% from its high of $74.59 in January, dropping to about $7.14 by early April. Shortly after, the project party released news of the banquet on April 23, further driving up prices. While we were focused on the unlocking and the banquet, on April 29, the project party transferred 1.346 million TRUMP tokens to CEX, and its purpose is self-evident. You might think the project party is waiting for the 90-day token unlocking to sell; in fact, they are selling the first batch of unlocked tokens.
II: The style of action of the 'understanding king' and his team
The actions and absurdity of the 'understanding king' do not conform to the logical thinking of normal people. Moreover, his mercantile attributes are fully maximized, and he places great importance on profit. $Trump is merely a tool for him to make money; thinking he would actually deliver real-world applications with tokens is simply wishful thinking. Of course, he won't attend the banquet. After all, issuing tokens was executed the day before he took office. If he really tries to blatantly raise money during his term, I believe the American people will not let him off the hook!!!!
The above is personal commentary; let's discuss rationally.
