{"id":8709,"date":"2025-01-20T18:05:10","date_gmt":"2025-01-20T18:05:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8709"},"modified":"2025-01-20T18:05:10","modified_gmt":"2025-01-20T18:05:10","slug":"trump-meme-coin-warning-analyst-suggests-investors-look-elsewhere","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8709","title":{"rendered":"TRUMP Meme Coin Warning: Analyst Suggests Investors Look Elsewhere"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Official Trump (TRUMP) soared above $70 before dropping to around $50, facing competition from Melania Trump\u2019s meme coin.<\/li>\n<li>One market observer suggests people should focus on recovering altcoins instead of TRUMP at current levels.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-379522\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP_CB-5-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Focus on These Cryptocurrencies<\/h2>\n<p><span data-preserver-spaces=\"true\">The past weekend was far from quiet for the cryptocurrency industry<\/span><span data-preserver-spaces=\"true\">, with<\/span><span data-preserver-spaces=\"true\"> Donald Trump <\/span><span data-preserver-spaces=\"true\">launching<\/span><span data-preserver-spaces=\"true\"> his meme coin, Official Trump (TRUMP).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The asset <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/donald-trumps-official-meme-coin-cracks-top-40-altcoins-crypto-community-reacts\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">experienced<\/span><\/a><span data-preserver-spaces=\"true\"> a spectacular price explosion shortly after going live, with its market capitalization briefly skyrocketing above $14.5 billion. Thus, it <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-overtakes-shib-in-meme-coin-battle-btc-nears-105k-weekend-watch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">flipped<\/span><\/a><span data-preserver-spaces=\"true\"> well-known memes such as Shiba Inu (SHIB). <\/span><span data-preserver-spaces=\"true\">In<\/span><span data-preserver-spaces=\"true\"> the past several hours<\/span><span data-preserver-spaces=\"true\">, TRUMP lost some steam<\/span><span data-preserver-spaces=\"true\">, and its market cap has decreased to around $9.9 billion (per CoinGecko\u2019s data). For its part, SHIB outpaced it and became the second-biggest in the meme coin niche again.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The impressive rise of TRUMP benefited some savvy traders, who <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/overnight-millionaires-official-trump-success-stories-24-hours-after-launch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">made<\/span><\/a><span data-preserver-spaces=\"true\"> millions of dollars by jumping on the bandwagon at the right time and eventually cashing out.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite its potential to make people rich overnight, some analysts think it \u201cmakes no sense\u201d to buy TRUMP at its peak levels. One person sharing that thesis is the popular X user Michael van de Poppe, who also <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoMichNL\/status\/1881010963891233153\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">recommended<\/span><\/a><span data-preserver-spaces=\"true\"> that people focus on altcoins that crashed by approximately 20% over the weekend.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some examples include Binance Coin (BNB), Dogecoin (DOGE), Shiba Inu (SHIB), and others. It is worth mentioning that Michael van de Poppe issued the warning on January 19. Since then, the <\/span><span data-preserver-spaces=\"true\">aforementioned assets<\/span><span data-preserver-spaces=\"true\"> have charted significant gains, <\/span><span data-preserver-spaces=\"true\">and most of them<\/span><span data-preserver-spaces=\"true\"> are currently in green territory.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Their solid performance aligns with the overall bullish environment <\/span><span data-preserver-spaces=\"true\">reigning in the entire<\/span><span data-preserver-spaces=\"true\"> cryptocurrency space. As <\/span><em><span data-preserver-spaces=\"true\">CryptoPotato<\/span><\/em> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-btc-sees-new-ath-chainlink-link-explodes-15-daily-market-watch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\"> earlier today, Bitcoin (BTC) <\/span><span data-preserver-spaces=\"true\">hit<\/span><span data-preserver-spaces=\"true\"> an all-time high of almost $110,000. Its peak occurred mere hours before Donald Trump\u2019s inauguration as America\u2019s 47th <\/span><span data-preserver-spaces=\"true\">President<\/span><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">TRUMP\u2019s Decline<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The token\u2019s price started heading south shortly after Melania Trump (the wife of the upcoming American <\/span><span data-preserver-spaces=\"true\">president<\/span><span data-preserver-spaces=\"true\">) <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-token-crashes-over-50-as-melania-trump-launches-meme-coin\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">launched<\/span><\/a><span data-preserver-spaces=\"true\"> a meme coin of her own. Recall that TRUMP peaked above $70, but currently, it is worth around $50 (per CoinGecko\u2019s data).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Investors should <\/span><span data-preserver-spaces=\"true\">keep in mind<\/span><span data-preserver-spaces=\"true\"> the extreme volatility surrounding assets of that type and enter the ecosystem with increased caution. They must also be aware that 80% of TRUMP\u2019s total supply <\/span><span data-preserver-spaces=\"true\">is held<\/span><span data-preserver-spaces=\"true\"> by two entities related to the <\/span><span data-preserver-spaces=\"true\">Republican<\/span><span data-preserver-spaces=\"true\">: CIC Digital LLC and Fight Fight Fight LLC.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Such centralization allows the controlling companies to influence the coin\u2019s market performance, especially in the event of a massive sell-off.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/trump-meme-coin-warning-analyst-suggests-investors-look-elsewhere\/\" rel=\"nofollow\">TRUMP Meme Coin Warning: Analyst Suggests Investors Look Elsewhere<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Official Trump (TRUMP) soared above $70 before dropping to around $50, facing competition from Melania Trump\u2019s meme coin. One market observer suggests people should focus on recovering altcoins instead of TRUMP at current levels. Focus on These Cryptocurrencies The past weekend was far from quiet for the cryptocurrency industry, with Donald Trump launching his [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8709","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8709"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8709\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}