The Trump coin was the most successful one, and then here comes melania that has dumped a lot. So, I don't think that they're taking crypto seriously. Whoever manages their names for these cryptos are the ones that are taking it seriously because they're probably assigned to look at the markets and make the most of it. As much as I want to invest more with these celebrity or leaders-backed coins, they're more prone to pump and dump and I have personally experienced that and that's the reason why I am avoiding any of them.
According to coingecko, it is 200% up from its all time low and 82% down from its all time high. This is what we should call success?
And for the team, surely they've got a success and it's hit when the assumption of Trump to the office was still quite new. They're able to make the hype and that moment was a good deal for them when the world was still watching and all eyes are on him and the first family. People, although learning from all of these market crashes and hypely made tokens are there, it just cannot be stopped for an individual like us to follow where the money is going. But this is a dangerous approach, believe me! I've lost bunch of money through chase of the money from these tokens and it's never been better than by just simply holding BTC.
That is not what you call a success, that is what you call a scam.
I was just wondering why Op wants to jump into USD1 knowing too well it's a stable coin which is not volatile. I read that he would be an early adopter and earn royalty or commission. How much royalty will you earn from it.
To me, I do not see opportunity in this one. Wait till another member of Trump family launches another one and you will be an early adopter to it.
As I said earlier, you can earn money from stablecoins using DeFi instruments. That could be what is going here, or just an overexcited user.