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 should have shorted it, and probably still should.
Because what even are these "certain projections" of growth? Not all the projections in the internet are legit. Huge amount them comes from people trying to manifest exit pump for their tokens.
And just looking at the unlocking schedule should be an obvious sign that price goes down. I am sure that trump fans putting money in consider their investment as a win-win, because they are being trump team exit liquidity.