Recently, there is a notable topic in the cryptocurrency market: Trump Coin $TRUMP. Although the current market sentiment towards TRUMP is relatively pessimistic, in the long run, this project still holds great potential.

Historically, TRUMP coin has experienced significant price fluctuations. From its lowest point, its value once surged by hundreds of times. Currently, the trading price of TRUMP is around $9, and this price point may have already completed a full correction.

It is worth noting that TRUMP coin has a global influence. This influence is not limited to the cryptocurrency circle, and has even attracted the attention of many traditional investors. Interestingly, even those who were previously skeptical about mainstream cryptocurrencies like Bitcoin and Ethereum have started to take an interest in TRUMP coin.

From a market cycle perspective, the TRUMP coin has currently undergone approximately 8 months of consolidation. This phenomenon has also occurred with other successful meme coins. For instance, the previous Shiba Inu and Pepe coins experienced a 1-2 month consolidation period after gaining popularity on-chain, followed by significant increases.

Considering the global influence of the TRUMP coin, the sufficient corrections that have been completed, and the potential for new investors to enter the market, we have reason to be cautiously optimistic about its future. However, investors should also be aware of the high risks associated with the encryption currency market and must conduct thorough research and risk assessment before making any investment decisions.