TRUMP Price Skyrockets As US President Announces Dinner With Top Holders, But There’s A Catch
US president Donald Trump finally bombed his official coin meme again, announcing a dinner with the top 220 $ Trump coin holder.
Trump's official price rallied nearly 80% on Wednesday, trading at $ 16.18 before a correction at $ 13.
The exploding rally reigned hopes for Trump's $ bag holders – many of them were still sitting in huge losses.
However, the suspicious tokenomics and a super -hot RSI suggest that prospective buyers should continue with care. In fact, some well-known analysts are concerned that Trump's coin can see another rug-hat, due to the recent unlocking of the token.
Donald Trump invites the top $ Trump to hold dinner – here's why experts are concerned
$ Trump Dip Buyer and bag holders will finally be rewarded for their patience.
After a trading of less than $ 7.14 on April 7, Trump's official price rallied at $ 16.18 on Wednesday after Donald Trump invited the top 220 holders to have dinner.
The invitation to dinner created significant fomo. The whales began to pour millions for a chance to have dinner with the US president, with an investment of $ 5 million in the coin meme.
It would not be surprising if major crypto companies such as Tether and Ripple were seizing at the moment to have an influence on the US president. Noteworthy, Ripple donated $ 5 million to Trump's inauguration fund, who had a private dinner with him in return.
However, well -known analysts are concerned. Leaving the possibility of corruption and illegal financing, experts believe that the Trump developer team can look for a rug-pull.
For those who were not studied, nearly $ 500 million worth of $ Trump token was located on April 18, with an additional $ 5 million released day -day. Critics argue that the private invitation to dinner is a little more than a calculated developer team move to create the exit's liquidity.
In fact, Trump climbed to $ 16.18 before falling to $ 13 – a price move that some observers were likened to a classic rug pulling.
Trump price predictions – is this the right time to buy?
Sidelined investors should be careful while buying the sinking. The well -known entrepreneurs like Nebraskangooneerwhich lasted at $ trump at $ 9, their positions closed after nearly 50% of the acquisitions.
Sidelined investors must wait for a successful retest of $ 9 support or the $ 16 resistance before lasting.
Why is Solaxy can be the best crypto to buy now?
Solana meme coins take titles at the start of the Crypto Bull Run, just like last year.
While Fartcoin cools down following the burst rally, popcat, bonk and dogwifhat are preparing for the next breakout.
Solana's new coins are also in high demand, along with Solaxy (Solx) It appears as one of the standout options for whales.
The Solx Presale exceeds the $ 31 million milestone, a sign of highly reversed potential and community support.
Solaxy is the first known solution of Solana-2 scaling. While Solana is generally considered a fast and inexpensive blockchain, it fights scalability during heavy traffic, for example, during the wider coin meme rallies.
Solaxy scaling-based scaling solution ensures low-latency-instant finality transactions and excessive fee-even during high traffic. It also guarantees zero downtime and exponential scalability in the same chain.
With a multi-chain bridge with hyperlane strength, data presence tools such as Celestia and ZK rollup, Solaxy can be an integral part of Solana's ecosystem. Usually, the leading bitcoin and Ethereum L2S have billions of dollars of values.
Not surprisingly, Solx was viewed by early shoppers as their 10x ticket obtained in the upcoming Bull Run.
