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BTCC / BTCC Square / Global Cryptocurrency /
Trump Coin Faces Sell-Off Warnings Despite Flash Rally

Trump Coin Faces Sell-Off Warnings Despite Flash Rally

Author:
Global Cryptocurrency
Published:
2025-04-24 20:42:01
5
1

Trump Coin surged 75% after former President Donald Trump announced an exclusive dinner for top holders, but analysts caution the rally may be short-lived. Pseudonymous trader SCryptoTrader highlighted a $400 million token unlock as a red flag, suggesting insiders could dump holdings on retail buyers chasing the event.

The token remains absent from mainstream ’best crypto to buy’ discussions despite its recent altcoin outperformance. market watchers note the dinner could serve as strategic exit liquidity for early whales amid inflationary supply pressures.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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