My friend invested $100 in the TRUMP token, which was worth $56 at the time. However, he was optimistic that the token would soar to more than $500 before the election. Unfortunately, the token's value has declined significantly, and it is now selling at around $10. Even if the initial forecast was not met, the friend was able to break even and avoid losses. It is crucial to consider the unpredictable nature of token price and the volatility of cryptocurrency exchanges.
Predicting the current price of TRUMP. According to certain projections, the TRUMP token's price could rise by 226.74% to $33.52 by April 28, 2025. However, the Fear & Greed Index shows a score of 26 (Fear), reflecting a negative outlook.
Your friend is obviously buying trump at peak price due to the FOMO. He has very big expectation to the trump token without even fully known if it was a meme token. It's weird when we have seen someone who literally have almost zero knowledge gambling on trump with the hope to get a lot of profit in a short time.
I also suggest you never fall to the any prediction that came from nowhere. The credibility of the source who made such prediction should be questioned. It's hard for Trump token increase more than 200% without bitcoin is getting bullish.
It's also important to remember how alts is also reacting slowly to the any of bitcoin pump. Just tell your friend to hold if he can.