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.
One of the main problems for those people who do made out some investment is that whenever they do believe into something like a particular price. They dont even know on trying out to check on whats the current total supply of a particular coin on which means that they do believe that it could hit up a particular price because of some too much hype and positivity. Good thing that your friend do able to make out some break even or able to get out before the price do goes up into the floor because on the moment that you've been able to make yourself caught into the dump then there's no way that you can be able to recover out. We do know that once these tokens are on the extreme hype and when that dies down then you would be ending up on holding up some worthless tokens or simply the token becomes shit at the time that the community demand and hype is already gone. Therefore, its really that too dangerous or risky for you to get in on the moment that you've seen such tokens that are just simply built up because of the current hype that its existing. $500 is too much and for sure this will be an eye opener for someone who do able to made out some investment and having thoughts that they could actually made easy money with that. For those who do able to get out on profits then its good but for those who do get themselves get caught on the dump then this ends up an lesson learned for them.