If Felonius buys Greenland with $TRUMP and then dumps his bags, it will the best deal ever

Diogenes

Diogenes

Nemo me impune lacessit
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For the ignorant Boomers:

$TRUMP is part of the meme coin ecosystem, where the value largely derives from community engagement, social media hype, and the personality it's associated with rather than traditional financial metrics or utility. However, its direct association with Felonious Trump has made it a topic of discussion and speculation in both the crypto and political spheres.

$TRUMP refers to a cryptocurrency meme coin associated with Felonious Trump. Launched on the Solana blockchain, $TRUMP has gained significant attention due to its association with the GOAT. Here are some key points about $TRUMP:

  • Market Cap and Volume: Shortly after its launch, $TRUMP achieved a market capitalization of $3.5 billion with a daily trading volume of $455 million, indicating strong interest from the crypto community.
  • Price Surge: The coin experienced a dramatic increase in value, with reports of it reaching a fully diluted valuation of $26 billion and a trading volume of $6 billion within hours of its announcement.
  • Felonious Trump himself announced the coin on his social media platform, Truth Social, and 𝕏, promoting it as a celebration of "WINNING". The coin was launched just before his inauguration for his second term, adding to its promotional buzz.

The phrase "dumps his bags" in a colloquial or informal context, particularly within the realm of cryptocurrency trading, means to sell off a large amount of assets (like cryptocurrencies) quickly, often leading to a decrease in the value of those assets due to the sudden increase in supply on the market.


@Grok
 
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