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$TRUMP Trump's account officially launched on July 4, and is expected to inject $30-50 billion in buying funds into US stocks in the first year. This account is Trump's promise to automatically deposit $1000 for every newborn.
I'll just observe such a huge amount of capital—will it go up or not, and how much can it rise? Actually, I already have the answer in my mind: I think it will go up a little at first, then continue falling as it should.
This kind of open information is basically a bull trap, unless the buying volume is shown simultaneously. Even if it is shown, with the economy declining, it will still fall as it should. It's the same as bitmine—they kept buying and buying, and also announced the news! ETH still fell as it should, from over 4000 all the way down to buying at over 1700, with an average price around over 2000. With their own efforts and strength, they lost 100+ billion of investors' money. Of course, it's an unrealized loss—if you haven't sold, you haven't lost.
Think about Trump Coin and wlfi—it feels like this is another act of him lining his own pockets. Let's wait for time to verify the results.