Trumpcoin: Hilariously Bad Investment?

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Right then. So, everybody’s been flapping their gums about old Donald Trump again, haven’t they? 🙄 Headlines, you see, are like a magician’s trick – they distract you while your wallet gets lighter. And where does the money flow? Wherever the fuss is, of course!

Which brings us to the Official Trump [TRUMP] memecoin. Honestly, you’d think people had better things to do, but apparently not. Up 8.6% it went, like a wonky balloon. And get this – Open Interest jumped a whopping 35%! People are speculating, see. Which is just a fancy word for “throwing money at something silly.” 🤪

Even World Liberty Financial [WLFI] (whatever that is) had a little bounce, up 10%. It’s all quite mad, really. Utterly, completely bonkers.

Is This Trump Token a Total Flop?

Now, back in April, this TRUMP thing had a bit of a giggle fit, shooting up 90% to $16.40. But, like all good giggles, it didn’t last. Down it came, on a rather unpleasant slide. Had a teeny little upswing in October, but that vanished faster than a chocolate biscuit at a children’s party. 🍪

It went from a measly $5.55 to $9.57 in three weeks, then poof – gone! Seems this Trump Token has a habit of pretending to be good news, then letting everyone down. A bit like… well, never mind.🤐

Could it happen again? Perhaps. But don’t go selling your grandma’s heirlooms just yet.

Started bouncing around on January 1st, you see, probably because Bitcoin [BTC] was doing a little jig and wobbled past $90k. A bit of optimism spills over, apparently. But even that wasn’t enough to stop the TRUMP token from continuing its slumpy downhill journey. The RSI (whatever that is) said things were still looking gloomy and the CMF showed everyone’s selling. Nasty!

Could it Actually Go UP? (Don’t Hold Your Breath)

Well, according to some, if Bitcoin keeps bopping and everyone decides to go completely barmy over memecoins, then maybe, just maybe, this TRUMP thing could climb to $8. Frankly, I wouldn’t bet your sweetie on it. 🍬

It’s a long shot, folks. A very, very long shot.

What Should You Do? (Run Away!)

The experts (who are often wrong, let’s be honest) reckon if it gets past $5.60, you might have a chance to buy. But it’s risky, very risky. If it drops below $4.94, run! Run like your trousers are on fire! 🔥

Generally, things aren’t looking good for the bulls, but there’s a tiny bit of snizzle going on short-term. If you’re feeling lucky (or foolish), have a plan to get out QUICKLY. Don’t get stuck, you hear?

Final Thoughts

  • This Trumpcoin bounce? A fluke, most likely. A little gift for gamblers, nothing more.
  • Playing around with it might earn you a few pennies, but don’t expect to retire to a tropical island on your TRUMP winnings.

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2026-01-05 04:12