Trump Coin (Trump) again attracted attention after President Donald Trump announced a special dinner for the largest owner of this currency, with analysts of large possible sales; This promotional publicity caused a 75% increase in tropm, which made it one of the main alternative currencies in terms of prices increase, but it is still far from the best digital currencies that deserve to be purchased.
Trader Anonymous, who is called Scryptotrader, underlined the X podium to the possibility of inflationary pressure soon, noting that the launch of currencies worth $ 400 million to negotiation last week is anxiety. In addition, the merchant indicated that this large increase was “perhaps a tip to deceive buyers who fear this opportunity for the team of the project to sell at a high price”.
Stressing that this dinner can provide an appropriate outing point for whales – or large investors – who bought early, knowing that project developers have 80% of the currency supply, and the identity of the majority of its adult owners is still unknown.
Trump: Will the price decrease?
Although the price of the Trump currency decreased by 15% compared to its high levels on Wednesday, the technical analysis indicators indicate the possibility of a slight drop in price, rather than a sharp decrease.
The RSI index indicates a decrease in the number of buyers to reflect its management after having exceeded the level of purchase excess at 70, which generally means the possibility of a short -term price correction.
On the other hand, the last height corresponds to the possibility that the price is successful in the style of continuous canal since the beginning of last March, which continued its height towards the level of resistance at $ 13.70; The price violation of the continuous symmetrical triangle style has also been improved since early February. In the event that the price remains higher in terms of support at $ 11.25, it could succeed in winning the momentum again, which can allow it to continue to reach the level of $ 20, with a possible increase of 65% compared to current levels.
A new preliminary proposal provides the latest auto-garardian
After the sharp decrease in alternative currencies in general for several months, investment in new subscriptions took place as one of the popular strategies because it provides a way to hide against price reductions and gives the chance to earn significant yields.
Among the projects that have managed to draw the attention of early investors are the best portfolio project (the best) seeking to fill the gap between the ease of use of the traditional web2 and use of employment for the third web (web3) using the best card to be launched soon, and it will replace traditional bank cards to make soil transactions by using stable currencies in all countries that take charge Mastercard via the Wallelet wallet.
The next token feature, which provides a list of promising digital currencies, has attracted the interest of investors because of its success in providing chances of negotiation with large gain capacities; Given the success of the continuous subscription of the best coin by collecting more than $ 11.8 million, the project continues to take a strong momentum, and this can be attributed to the supply of annual mortgage yields of 127% for the first investors.
You can follow the developments of the project via the platforms X, Dyskord and Telegram, or join the subscription via its official website.
Follow us via Google News
The expectations of the deceived post prices, the warnings of analysts to investors seeking to win a presidential dinner appeared first on Arab Cryptonews.
