Neutral


TRUMP Tokens Crash After Initial Surge
TRUMP Token Crash
- Early investors received TRUMP tokens at the Washington crypto ball before public trading began.
- The token's price hit $70, then plummeted to $10, causing significant losses for retail traders.
- This mirrors speculative cycles like the 2021 NFT boom and bust.
Trump's Bitcoin Reserve Order
- Donald Trump signed an executive order to establish a strategic Bitcoin reserve on March 6, 2025.
- The order directs strategies for acquiring Bitcoin without costs to U.S. citizens.
- Bitcoin's price experienced volatility but recovered to $83,507.
Hugging Crypto Outlook
š TRUMP tokens may remain volatile due to speculative nature and insider sales. š The Bitcoin reserve order could strengthen long-term Bitcoin support despite short-term fluctuations.