According to blockchain analyst Yu Jin from Mars Finance, a TRUMP token investor liquidated their position approximately 20 hours before positive news was released, earning only $483,000 in profits. Had they held their position until after the news announcement, their theoretical gains could have reached $4.28 million. The positive news was TRUMP's announcement that the top 220 token holders would be invited to have dinner with Trump on May 22nd, which drove the token's price up by 40% on the same day, jumping from $9.3 to $14.7.
Data: A Trump investor liquidated his position about 20 hours before the good news was released, making only $483,000 in profit
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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