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Why Trump Launched A Coin

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by COINS NEWS 6 Views

I don't think he's going to rugpull for a while.

The scheme is this: Someone wants to bribe him to pay for influence, he sells them tokens. He gets the money up front, they get influence behind the scenes with no obvious link between them.

Meanwhile they get to rebate their bribe by selling the tokens to regular people buying TRUMP on the open market. In order to have that exit liquidity, they need people to FOMO into the coin. It's too soon for it to crash. It's still in the initial setup phase before even one crash. It needs multiple peaks and buying opportunities and multiple recoveries and new highs to convince people to buy the dip and hold, so they support the price when the rug pull comes later.

For a while, the coin will pump from bribes being paid in and boosting the price. Then eventually Trump and his cronies all dump their coins at a peak and cash out the whole scheme, everyone holding gets totally fucked with no chance of recovery.

Likely coincide with the collapse of the whole crypto market later this year, if it's on the same schedule as previous cycles. This will probably be named as the catalyst for the crash, because it will become top 10 or more first.

I could be wrong, so don't bank on this. It just seems to me that 300 million isn't a big enough play for a scammer holding the oval office. Why destroy his credibility already, right as he takes office, when he can make it billions of profit first?

submitted by /u/Mister_Way
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