In the tempestuous sea of cryptocurrency, the much-vaunted TRUMP memecoin has found itself beached, a mere shadow of its former glory. Once soaring to the heavens at the sum of $75.08 on the 19th of January, it now wallows at the paltry sum of $25. A spectacle of Trumpian proportions, indeed!
This curious token, birthed by the hand of the one they call Donald just two days prior to his grand coronation, swiftly ascended to the ranks of the billions in market value. A marvel, was it not? For in mere hours, the TRUMP memecoin became the darling of thousands, a trading frenzy unmatched in the annals of crypto history.
Alas, as the data from DEXScreener would have us believe, TRUMP now trades at $25.58βa precipitous fall of over 17% in but a day. With a liquidity of a mere $4.5 million and a market cap of $5.15 billion, one might wonder if this is the end of a Trumpian dream.
Speculators and dreamers alike are snatching up TRUMP coins in a frenzy, as if the mere whisper of the great man’s name might breathe life back into this digital phoenix. StalkChain, that oracle of onchain wisdom, has decreed that TRUMP is the token of choice for the so-called Smart Money. A bold move, perhaps, for those who wish not to miss the second coming of TRUMP.
$TRUMP is the most bought token by smart money in the last 24 hours
β Stalkchain (@StalkHQ) January 25, 2025
With the market supply of TRUMP yet to be fully unleashed, one can only speculate on the pronouncements that may yet come from the project’s shadowy figures. The ratio of buyers to sellers remains favorable, suggesting that the TRUMP memecoin may yet rise from the ashes like a phoenix, or perhaps, like a certain someone’s political career.
Analysts are divided; some believe a presidential quip could send TRUMP soaring, while others declare it a lost cause. Only time will tell if this is the end, or merely the beginning of another Trumpian saga.
The moment when @realDonaldTrump makes a joke tweet about $TRUMP and all those short sellers will be wiped out instant. Like him or not, one thing I learned: never go against Trump. I added $TRUMP in this dip.NFA
β RaArΞs βοΈ (@RaAr3s) January 25, 2025
In the cryptic world of memecoins, where life is fleeting and the bounce is rare, TRUMP stands as a testament to the power of a name. Whether it will rise again or fade into obscurity remains to be seen. But one thing is certain: in the world of Trump, anything is possible. π€
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2025-01-27 12:53