CandleFocus Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why
2025-01-25
Author: Content Editor
President Trump's launch of his official memecoin, TRUMP, may have resulted in a significant financial blunder, according to pseudonymous analysts DonAlt and Cred. TRUMP initially saw a surge in value, reaching a $72 billion market cap, but the subsequent launch of another coin, MELANIA, caused the value of TRUMP to crash. Cred describes the move as one of the worst decisions in modern financial history. DonAlt warns that Trump's 80% allocation may eventually flood the market. TRUMP's value has dropped significantly since its all-time high, and Trump himself claims to have limited knowledge of the coin's progress. Despite this misstep, Trump has made other notable moves related to digital assets, such as signing an executive order to analyze a potential government-held strategic crypto reserve.
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