Trump corners are disgrace
Barely a few days after their emergence, the same corners tilt tied up a newcomer to the market. This morning, they even put a knee on the ground because of its big investors!
After resuming a little capacity yesterday, official Trump (Trump) goes down again. He lost 13 % of his value tonight to fall at $ 36, a loss of almost 50 % since his last ATH.
On the side of Melania, the phenomenon is worse Since the same corner has lost 27 % of its value in the past 24 hours. It is estimated that it is even 60 % that he has lost since the beginning of the week.
But how can we justify this reversal of the situation? The phenomenon is exclusively due to the crypto whales which, according to Chainalysis, hold 94 % of the offer of tokens. These seem to feel that the wind turns since they sell their pieces in mass since that night.
What to expect for the future?
Even if the same corners is gray at the moment, everything is not lost … at least for one of them. Analysts keep hope as an official Trump because it would actually evolve in a triangle model. Thus, it would suffice for a new announcement in favor of the crypto or a tweet so that it breaks the figure and resumes the road to the $ 100, then the price objective planned for this spring.
On the other hand, it will not be necessary to count on a return of the crypto melania. This, first, because the figure of the First Lady risks staying in the shadows for an indefinite period, but also because doubts emerge on the legitimacy of the asset.
-Selon Bubblemaps, The distribution of the token would not correspond to that announced by the official token website. Only a few crypto whales, possibly initiates, would share the largest of the offer. Be careful, therefore, to a possible dump!
The moral of history: a president has no friends in the crypto whales.
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