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● Trump-Dinner, Crypto-Scam, $2.6M-Exit

Trump Coin Ownership Competition Event: Summary of Short-Term Surges and Investor Profit and Loss

In this article, we will comprehensively and systematically summarize the key contents of events related to Trump Coin, the stark profits and losses of investors, market reactions, and the impact on the overall crypto market.
In one go, we'll cover these 5 key points:

• Main structure and sequence of events
• Strategies of top investors in Trump Coin
• Key causes of coin price fluctuations
• Market reaction and changes in crypto investor sentiment
• Impact on domestic and international economies and the cryptocurrency market

Overview of Meme Coin Trump Coin Event

First, there was a meme coin-type 'Trump Coin' ownership competition event, with the ultra-large marketing issue of a dinner with President Trump.
Starting on April 23, the competition for coin holdings proceeded based on the top 25 investor wallets.
At this event, the top investors will receive an invitation to the VIP dinner & reception tour held at Trump National Golf Club on June 22.

Coin Price Surge and Major Investors’ Selling Strategies

Immediately after the announcement of this event, the price of Trump Coin showed extreme volatility, rising from $9.26 → $15.33 and even soaring to $33 at one point.
Attracted investors' interest, causing trading volume to explode and prices to rise sharply in the very short term.
However, after the 25 invitees were confirmed, most of these wallets began to sell off large quantities and transfer funds externally.
As a result, as many as 16 of the TOP 25 wallets have already sold all of their holdings and are in a 'zero' holding state. A kind of 'event short-term speculation' pattern is clear.

In particular, the W5O5 wallet realized a profit of approximately $2.6 million (approximately 3.6 billion won) by purchasing a large quantity of approximately 1 million coins and selling them immediately after the event ended.
On the other hand, Account S (estimated by the industry to be Tron founder Justin Sun) purchased 800,000 coins at the highest price of $61.13, recording an unrealized loss of over $66 million (92.4 billion won) based on the current price (12.96).
It has been reconfirmed that half of the VIP invitees have completed the withdrawal and sale of all coins, an unusual procedural speculation phenomenon.

Market Reactions and Changes in Investor Sentiment

The 'buy the rumor, sell the news' phenomenon caused by the event is revealed as is.
In fact, after the invitation was confirmed, selling for profit-taking poured out rather than expectations, causing the price to plummet.
The speculative demand and risk-averse trends in the cryptocurrency market, which had been volatile this year, were comprehensively shown in this event.
In particular, there is an increasing voice warning against the dangers of "blind investment" in new token fields such as NFTs and meme coins.

Impact on the Overall Economic/Cryptocurrency Market

In the global financial market, news such as Trump, meme coins, and event marketing trends have highlighted issues of trust and transparency in the crypto market.
As the pattern of large investors realizing one-time gains and then reselling and withdrawing repeats, concerns about damage to general investors and warnings about exchange risks are also rising.
Through this case, the unique risks of emerging investment products (especially meme coins) and the ripple effect of combining with political issues such as the US presidential election are becoming established as practical lessons.

Future Prospects and Investment Precautions

Unlike the existing coin market, trendy tokens require volatility, trading timing, and understanding the trends of large wallets.
Issues related to politicians and celebrities stimulate public sentiment, but it is essential to gauge the actual value and basic strength.
Because the demand for profit-taking in the market can move rapidly at any time, risk management is always key for short-term event-focused coin investments.
In particular, major events such as the US presidential election are expected to have a significant impact on the overall investment sentiment in the crypto market.

< Summary >
The Trump Coin craze sparked by the dinner event with Donald Trump unfolded in the order of price surge → invitation confirmation → concentrated sales → market crash.
While some investors realized huge profits, large investors with long-term holdings are recording large losses.
For new event and meme coin investments, high volatility and risk management according to the movement of large wallets are absolutely important.

[Related Articles…]

• Changes in Market Investment Sentiment Due to Trump Coin Fluctuations
• US Presidential Election Issues and Cryptocurrency Market Outlook

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