The Trump coin saw it's peak for next two to three days of it's launch and since then its going down. Those who bought it at initial price of launch and sold it when it was over 50$ have no doubt made a fortune. While those who entered the market when price was over 50$ are struck and we don't know when they will be able to get there money back.
Meme coins are like gambling and in gambling, the winner is the one who knows when to stop (exit). There are no fundamentals associated with meme coins and you need to be quick in deciding when to enter and exit.
Not at all interested in this type of coin, as if there is an element of intention to attract investors, just selling the popularity of the name. Although there are those who make huge profits, only a group of people can feel it, because they already know when the coin will skyrocket in price and at the same time decrease in value when they have made a profit. This is no stranger in this industry, coins are formed by a group of people and dropped again simultaneously by the group of people themselves.
One of the main things on which people should be thinking off whenever you do deal up with meme coins on which no matter what narrative it would be, never ever tend to make up that all in kind of investment on which we know that at the time or moment that you do make out such step then that would definitely be that causing up that blown trading or investment capital. Dont let yourself that being dragged with the hype because once you do then risks management will really be that totally forgotten and this is something that you should be avoiding in the first place.Talking about hype and fomo then this will be that very common on meme coin market and if you are easily that getting making up some rush decisions because of too much greed. This is why it will really be that situational because not all people will really be that having on the same approach when it comes on this one. There will be those who are really that indeed wise when it comes to dealing up with meme coins but of course there will be those who are profitable and there are ones who loses up big time. There's always that 2 sides of the market and this is something that you do need to realize on.