Quote from: Beparanf on Today at 02:19:30 PM

Quote from: Franctoshi on Today at 07:57:59 AM

Rumors about the lunch of Trump meme coin, the first meme coin to break a dollar and it hasn't been listed in major exchanges, having some liquidity taking out from Bitcoin into the Meme coin, however I saw the Trump meme coin count down about getting listed in the perpetual contract side on Bybit exchange.

Is there any source with this claim? Price of Bitcoin is still strong at 104K which is higher than the previous day which means there’s no selling pressure happening that will transfer liquidity from Bitcoin to this Trump coin.

I’m interested to see the data about the marketcap of this Trumpcoin growth in comparison to Bitcoin marketcap decreases since this is the only way to conclude whether Trump coin is sucking liquidity from Bitcoin.

What this means is that the liquidity which should have been all melt into Bitcoin, a bit of the funds has flown into the trending Trump meme coin and no doubt about that. If you can check about the meme coin marketcap, it is now worth about $2B plus marketcap and you know what that amount means. However, it doesn't necessarily mean that the Bitcoin price will drop for the liquidity to flow into the Trump Meme coin, rather those liquidities that would have pushed the price of Bitcoin way pass $104k, after that, this news break.