As the decision day for the October crypto ETF approaches, market attention has surprisingly turned towards TRUMP (Trump Coin). The recent controversy surrounding Trump's tariff policy creates an interesting contrast with this project, which was once hailed as the "top KOL token in the crypto world." Many investors suffered heavy losses after getting on board at the high price of TRUMP, and the most pressing question now is: if the altcoin market rebounds in October, can TRUMP return to the $10 mark?
Looking at the price trend of TRUMP, its popularity almost entirely relies on Trump’s personal public influence, lacking substantial application scenarios and compliance foundation. This is more like a speculative game revolving around "celebrity IP" rather than a truly valuable encryption asset. In the early stage of issuance, TRUMP attracted a large number of retail investors by leveraging Trump’s topicality, but after a brief price surge, it quickly collapsed, resulting in significant losses for many latecomers, becoming a warning case in the market.
Tokens that purely rely on celebrity effects for their drive and lack fundamental support are considered high-risk assets in the cryptocurrency market. Especially projects related to "celebrity families" are often accompanied by stronger speculative attributes and higher withdrawal risks.
Regarding the question of whether TRUMP can return to $10, we need to maintain a rational perspective: If there is a rebound in the altcoin market in October, it is likely driven by macro factors such as ETF expectations and overall market liquidity improvement, rather than an increase in TRUMP's intrinsic value. From historical experience, once large-scale capital withdrawals occur, the subsequent rebound of such speculative tokens is usually limited, and it is difficult to return to previous highs.
Even if TRUMP experiences a slight rebound in the short term due to market sentiment, it may still be a "bull trap." For investors still holding TRUMP, while it may feel painful to cut losses now, continuing to hold could face a higher risk of going to zero. In the cryptocurrency market, rational investment and risk management are always crucial principles.
When facing high-risk assets like Trump, investors should carefully assess their risk tolerance and not be misled by short-term market fluctuations or celebrity effects. In making investment decisions, more attention should be paid to the fundamentals of the projects, technological innovations, and long-term development potential, rather than simply following short-term speculation or celebrity effects.
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As the decision day for the October crypto ETF approaches, market attention has surprisingly turned towards TRUMP (Trump Coin). The recent controversy surrounding Trump's tariff policy creates an interesting contrast with this project, which was once hailed as the "top KOL token in the crypto world." Many investors suffered heavy losses after getting on board at the high price of TRUMP, and the most pressing question now is: if the altcoin market rebounds in October, can TRUMP return to the $10 mark?
Looking at the price trend of TRUMP, its popularity almost entirely relies on Trump’s personal public influence, lacking substantial application scenarios and compliance foundation. This is more like a speculative game revolving around "celebrity IP" rather than a truly valuable encryption asset. In the early stage of issuance, TRUMP attracted a large number of retail investors by leveraging Trump’s topicality, but after a brief price surge, it quickly collapsed, resulting in significant losses for many latecomers, becoming a warning case in the market.
Tokens that purely rely on celebrity effects for their drive and lack fundamental support are considered high-risk assets in the cryptocurrency market. Especially projects related to "celebrity families" are often accompanied by stronger speculative attributes and higher withdrawal risks.
Regarding the question of whether TRUMP can return to $10, we need to maintain a rational perspective: If there is a rebound in the altcoin market in October, it is likely driven by macro factors such as ETF expectations and overall market liquidity improvement, rather than an increase in TRUMP's intrinsic value. From historical experience, once large-scale capital withdrawals occur, the subsequent rebound of such speculative tokens is usually limited, and it is difficult to return to previous highs.
Even if TRUMP experiences a slight rebound in the short term due to market sentiment, it may still be a "bull trap." For investors still holding TRUMP, while it may feel painful to cut losses now, continuing to hold could face a higher risk of going to zero. In the cryptocurrency market, rational investment and risk management are always crucial principles.
When facing high-risk assets like Trump, investors should carefully assess their risk tolerance and not be misled by short-term market fluctuations or celebrity effects. In making investment decisions, more attention should be paid to the fundamentals of the projects, technological innovations, and long-term development potential, rather than simply following short-term speculation or celebrity effects.