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TRUMP Meme Coin Crashes 40% as Whale Sell-Off Sparks Fear
The TRUMP meme coin has taken a drastic turn, crashing 40% in value just hours after its launch. The sudden and unexpected downturn has sparked fear among investors, who had initially flocked to the token due to its association with former US President Donald Trump.
As the news spread, crypto enthusiasts took to social media platforms like Twitter to express their disappointment and frustration over the unexpected price drop. Many traders are now left wondering if this is a buying opportunity or a sign of things to come for other meme coins on the market.
While some investors continue to defend the token’s potential, others have begun sounding alarm bells about the risks involved with these types of speculative investments.
Source: coinpedia.org
