The [Trump] meme coin’s value quickly rocketed to around $75. It dropped shortly thereafter but saw a bump in April when Trump announced “the most EXCLUSIVE INVITATION in the world”: for the top 220 investors in $TRUMP coin to enjoy a private dinner with the president at his Virginia golf club.
Since then, the Trump coin’s value has slumped again, to $9, having sunk 88 percent from its January high.
You may also recall—if you strain your memory further—that the first lady, Melania Trump, is in the meme coin business as well. Her $MELANIA coin has followed a similar trajectory to her husband’s coin, seeing a precipitous, 98 percent decline in value from its $8.50 peak in mid-January.
There is a scheduled unlocking of the coins held by the individuals who created the coins.
They still hold a massive number of coins, the next major unlock is in January.
Expect some pump scheme leading up to that moment so they can dump the coins at an elevated value.
The schedule goes into 2028. This is all public information but somehow the news never bothers to include it. This knowledge is how one extracts value from the uninformed.