Bernstein: Tokens directly related to the president may be more enduring than most tokens

Odaily Planet Daily News Enstein (Bernstein) analyst Gautam Chhugani said that insiders holding $Trump Token may distribute these supplies, causing unsuspecting investors to suffer losses. This situation has occurred in the past with assets related to Trump, especially when the stock of Trump Media & Technology Group, the parent company of Truth Social, fluctuates. Gautam Chhugani added that given the rapidly rising market capitalization of the Token, the 80% supply held by insiders did put some pressure on it. However, the Token directly associated with the President may be more enduring than most Tokens, but its ownership structure may diminish its appeal. In this case, the memetic coin that leverages Trump's brand effect and political image may have some staying power, but its lifespan will depend on the potential Token design, as 80% of the internal supply is provided by a Trump-affiliated entity. (BusinessInsider)