#note
Year of the meme coin $TRUMP
Exactly a year ago, the meme coin TRUMP was released amid a wave of hype. At that time, the euphoria was at its peak – the price reached $75. Today, we see a completely different picture: about $5 per token.
Over this year, the coin has gone through the classic path of a hype asset: a sharp rise on expectations, media attention, FOMO – and a gradual washout of interest. The fundamentals have not emerged during this time, and all demand was based solely on information triggers.
I still believe that the price will continue to decline. Technical bounces and short-term pumps are possible, but the overall direction, in my opinion, is already clear.