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Trump’s account officially goes live on July 4. In its first year, it’s expected to inject $30–50 billion in buy orders into the U.S. stock market. This account is Trump’s promise to every newborn—an automatic deposit of $1,000.
Let me observe whether a pool of capital this large will actually make prices rise, and by how much. Actually, I already have the answer in my heart: I think it will rise a little at first, and then it will keep falling as it should.
This kind of “out in the open” news is basically designed to lure people into buying. Unless it simultaneously shows the purchase volume— even if it does—if the economy keeps going downhill, it will still fall. Just like bitmine: they kept buying, buying, buying, and they kept publishing news too. Ethereum still had to drop—from more than 4,000 all the way down to above 1,700, with an average cost around the 2,000 range. Relying on their own efforts and strength, they ended up losing investors’ money—more than 10 billion. Of course, it’s only a paper loss; as long as they haven’t sold, they haven’t truly lost.
Think about Trump’s coin too, and wlfi—feels like yet another move by him to line his own pockets. Wait for the time to validate the results.