In the first days after the launch, the price of the token rose rapidly: investors believed that the asset associated with the name of the US president could not but bring fabulous profits – especially in the image of “crypto-Trump”.
However, almost immediately after the launch, the market turned around. Since then, the token has lost about 93% of its value and there is no sign of recovery or a new rally.
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At an average entry price of about $194, its current paper loss exceeds$160million.
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