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Only 58 $TRUMP Wallets in Profit as 762K Others Face Losses Amid Faded Hype
Only 58 $TRUMP Wallets in Profit as 762K Others Face Losses Amid Faded Hype
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The $TRUMP token’s volatile trajectory highlights the risks of meme-driven speculation. Just 58 wallets remain profitable after the token’s value collapsed post-gala, erasing $2.7 billion in paper gains. Market dynamics shifted abruptly when celebrity-driven demand proved unsustainable.
Chainalysis data reveals 762,000 underwater positions, demonstrating how event-based pumps often trap retail investors. The token’s 50% demand surge and subsequent crash exemplifies crypto’s hypersensitivity to influencer narratives and ephemeral HYPE cycles.
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