Trump is Hosting Another Special Event for Meme Coin Fans

So I just caught this in the news: The meme coin called Trump saw a 10% spike a few hours back, but it’s still struggling this month and is hanging out in the red. Melania and WLFI are in the same boat. The Trump token peaked over $77, but right now it’s sitting at $2.918. Who are these investors still all about this token?

Creating an event after the token experienced a drastic drop, I think this is their team's way of calming down the anger of the holders. Moreover, by creating this event, their team may hope to regain the trust of the crypto public which has faded due to the price drop that occurred. Getting one of the 297 available seats, I don't think it's worth it compared to the losses those investors are experiencing.

I am pretty sure that this is part of the contract he signed with the token creators, to meet with investors i mean. And not worth it is understatement. Why would it be worth anything? Maybe if you are hardcore Trump fan and want desperately to see him sharing some low quality meat with you again . And "as much as 10%" is just hilarious. That means that basically markets didn't react to it, and why would it? That "reaction" was likely bots buying because they are triggered by tweets, or what ever they are called in trump's some.

Events like this are just what’s going to be pumping the coin, and things like this can’t sustain the coin. How will a coin that increased above $77 dropped so low to around $2.918, that’s really bad and I think the holders won’t just have choice than to keep on holding because the loss is just going to be too much. They just going to keep on holding hoping for a miracle to happen so that they will be able to recover from the loss, but I don’t really if the coin will be able to bounce back to the all time high.

Those who are stocked with the token after the unexpected dump and have decided to hold with hope that it will recover some day will be the ones to be on the list of the top holders because I really don't think anyone is going to be dumb enough to still be busy accumulating that shitcoin which Trump and his family have used to fatten their pockets more.

A memecoin is still a memecoin, even if it’s related to Donald Trump. Most people are already done with it, and that’s just part of the normal cycle. The price probably won’t pump back to its ATH unless they manipulate it themselves. I think they have the funds to do it, but I don’t think they will. That’s the problem with some people, they keep holding and believing, forgetting that it’s just a memecoin. It wasn’t meant for long-term holding, and there’s a high chance it won’t reach another ATH after such a drastic drop.

The inclusion of president Trump to the thread title is quite funny and cashing at the same time, sounds as if President is directly involved with the Trump memecoins, correct me if I am wrong, is there a confirmation to know if the president of united states have a direct link to this memecoin or we are just assuming he own it just because of the name?

Ooh trust, you won't believe that there are still people who still fancy it even after what happened the last time. But come to think of it, what excellent event could they possibly have, because these whole thing sounds more like another strategy to finish what they've started. I'm not really disappointed that those in the market are still showing interest though... What I'm actually disappointed in, is that most people are just probably going to fall victim for the same thing twice. Chasing hype over profit is definitely a weird thing to do. Good luck to the supposed top holders who're probably holding on for dear life.

The greedy ones who want to make high amount of money in shortest time possible. Meme coins are the riskiest coins and they're a type of betting in my opinion. Gambling on online casino games and gambling on meme coins is almost similar, so in my opinion meme coins are for gamblers not for traders or investors. The insiders mostly own all of a meme coin and they're the ones who make most profits just like house in example of casinos.

I think people are starting to get fed up with him. Just look at the token he created, it’s already seen a significant drop in price. This is madness driven by excessive FOMO, and the unfortunate thing is that people who bought it when it was at its all time high, hoping the price would keep rising, are making a foolish mistake by believing in meme coins, even if it is Donald Trump token.

This is just another trap for people to pump money into memecoins again and lose them afterwards. I don't know why people still fall for these memecoins because to me they are shitcoins that are not worth holding. The last time $TRUMP was trending, a lot of people jumped into the trend and ended up losing their money when they sold at loss. Same thing will definitely happen this time because memecoins are just shitcoins.

I'm glad to see that reaction, it means the crypto public understands what Trump & his team are doing right now. They at least don't want to be fooled a second time by the wave of hype that Trump & team are trying to build. While the announcement of the gala luncheon event is still having positive impact on the token price, I'm confident that in the next few weeks or months, we'll see OFFICIAL TRUMP (TRUMP) return to its pre-announcement base price.

People buying this $TRUMP shitcoin may see whose figure in his striped, namely Donald Trump, especially since he is the US President, of course the impact of his influence is fast at the beginning, it's just that after the hype ended this token has plunged freely until now, the increase from ATH to ATL has been 94%. I don't know what the purpose of the meeting event is for the holders of this meme token, will they push to go up in various ways? This is a bit sad for those who bought at a high price and now do not sell at a loss.

Isn't this called manipulation? The world's most powerful president, Trump, who owns this token, announces this and the token price surges and then the team dumps the token on the retail market. Ever since Trump became the president, he has been doing these bad acts and his team is making a lot of profit. There should be some check and balance and the US president and his wife shouldn't be allowed to make Trump and Melania token in the first place.

You can't make profits with the name of the POTUS and his wife without having a direct contact with him and the family. Everyone else including the press thinks is his family who come up with these memecoins and he, the president has never debunked the information, he only says that he's not directly involved in the memecoins creation, but when asked of his family he definitely does confide to that, probably Erick Trump would be masterminding that line of business.

But I am just wondering if Trump or any of his close aides ever make remarks about the memecion owning to it that the president have a direct link, why because we know how cryptocurrency space works and since memecions ride on hype the Trump election and his administration have become very popular and definitely memecoins owners will want to adopt that name to gain attention to pump their coin which their did on the first day of the coin launching.

Whatever the memecoins creators wants to do with the name 'Trump' which is a registered trademark managed by Donald Trump, they must have his consent. As for his aids or secretaries, they have so much going on around them that they don't pay so much attention to what Tump memecoins does or not, it's not their thing.

Trump and his family will continue to milk the crypto industry for as long as they remain in power. Imo, if they have another opportunity or see an opening, they would likely launch another Trump Media project and extract as much as possible because this might well be the last time they would extract liquidity of this scale and size. I don't believe holders of Trump meme token and WLFI should hold on to these projects beyond his tenure. That would be a big mistake.

What kind of event is that, how will the event help in increasing the value, what are they trying to implement and build that will attract more buyers to hold. The team is trying hard to gain one more time, There is nothing worthy about the meme coin anymore, the season of it is gone and so Trump and his team think of creating another meme coin and leave $TRUMP

You can call Justin Sun for this caused by he's the only foreign investors who hold around 18 millions Trump coin. The rest of coins belong to the CIC Digital and Fight Fight Fight LLCm which are strongly linked to Trump itself. So it's basically an event for Trump's team with only one or two foreign whales participated in it. I call it party for insiders.