Trump’s official cryptocurrency has seen a big pull back in the last week of the transaction. The token was released late on January 17, and the rocket was deprived high on the first day of the market, but a significant decrease in evaluation. The recently released MEME COIN token price dropped by 50 % a week before the transaction as of Sunday at 10:30 am.
Official Trump’s evaluation has declined in conjunction with the negative media reports and reactions from some cryptocurrency investors, and has been in office. The token has still risen more than 360 % since its debut, but after the rapid increase after its release, the momentum became bearish.
When President Trump announced a token a few days before his inauguration, the official Trump quickly became one of the most controversial tokens in the cryptocurrency. Concerns about the possibility that some encryption websites and mainstream outlet publications have concerns about the potential conflict of interest in which the president is involved, and a large token holder of Trump can throw away tokens at once In the article that raises, we continue to attract skeptic media reports.
CIC DIGITAL LLC and Fight Fight Fight LLC are companies connected to Trump and own 80 % of Trump Token’s official supply. On the other hand, large -scale stakeholders are restricted to prevent the sale of supply within the next three years.
In addition to investors’ concerns and negative media reports, the official Trump is probably not the explosive benefit of the inauguration ceremony of Trump, so you probably have seen the sale. 。 The official Trump failed immediately after taking office, which helped to reduce the price among investors who sold out of the token and seek large -scale short -term interests.
As a coin of the Mes, the official Trump is almost a pure speculative asset that does not disturb the foundation. The connection between the token and President Trump is the center of its performance, but it is not clear how the new president’s actions and the strength of the personal brand will affect the evaluation of cryptocurrencies.
This is a recently released token, and there are many unknown territory, given that there is an unprecedented distinction of being released and supported by the US President. Thanks to the token connection, the token can make a considerable benefit, but cryptocurrencies are in danger and you will probably keep watching the unstable price setting.
The story will continue