On January 17, Friday night, President-elect Donald Trump unveiled his own cryptocurrency, and by Sunday morning, it had already accrued over $50 billion in value on paper, benefiting both Trump and his companies.
Why it matters: The unexpected launch of $TRUMP shook the cryptocurrency industry, highlighting both Trump's significant influence and the growing prominence of cryptocurrency within [...] Read more » Donald Trump launches own Cryptocurrency Meme Coin $TRUMP
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 23020
I saw some videos and comments yesterday about this and how some youtubers run to buy it! I think that even his wife have crypto coin, but I am not sure about this! probably he and every other want to take some share in this time when he will be again president and we will see in next months will this be success or not and how much money people will turn it!
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
I just found out that Trump has launched his new cryptocurrency, it has had abysmal growth in the first days after its launch, many people are buying, it is hoped this can continue like this.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
At first, Trump's meme coin grew a lot, and now the price has dropped, that is why you should be very careful with these meme coins, a lot of responsibility when investing in these cryptos.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
Cryptocurrencies are always a risk, sometimes you can be lucky that they can grow and earn a lot, and they can also lose value over time, you should always invest the amount you are willing to lose, a great message.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
Over time this can go down or up, I don't know what will happen tomorrow, so it will always be a risk, but before that there is always a prior analysis so that this works almost 100%, so you have to be responsible to be able to invest in this business.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
They are meme coins and this can change and it is a fairly high risk, but since it is from Trump that brings more exaggeration regarding this meme coins, it is hoped that this is not like the others that disappear over time.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
These meme coin cryptocurrencies are always a risk, we do not know what can happen, they are more likely to be lost over time. but they can also rise too much and earn a lot, now because they are from the president Trump it can be safer.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 6443
That can happen, sometimes these memecoins are very risky, and I think the investment should be made with great care and responsibility, we don't know when it can rise again.
Joined: Jan '14
Location: Romania
Age: 45 (M)
Posts: 13862
yes, the man wants to make a lot of money, he takes advantage of the position he has and he will succeed in my opinion. He is a man who will get even richer, but let's see what he does for Americans...