It’s very similar to HYIP schemes, those who get in early make the profits, while the latecomers bear the losses. What else can you expect? This is just a meme coin riding the Trump hype wave because of the newly appointed president. With all the hype, the coin is naturally overvalued, but as that hype fades, the price will inevitably start to dump.
The key here is simple: get in, get out fast. That’s how you play it if you’re jumping into something like this.
Regardless of the absolutely high earnings some people managed to get from this project of Trump, I still cannot call all this thing to be a serious investment. It rather seems to be some kind of gambling or pump and dump scheme, where there are surely people close to Trump who are holders ot thousands of those coins from the beginning (premined) and those who came to late are destined to lose their money for others to multiply theirs.
I have already talked to people in real life who have invested/gambled some money into Trump coin and at the time being they are at loss because of their choice. Thankfully they did not put too much money at risk, but it is still a contribution for whales and inside traders to double their money at the expense of the retailer trader/gambler, but think they are going to become rich by buying a shitcoin which does not do anything.
Political coins are almost at the same level of memecoins and most of them are shitcoins destined to get flatlined in their price, volume and market capitalization.