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Whale Lost 207,000 USD On $TRUMP After Post By Donald Trump
One crypto whale, famous for making around $108 million in profits from $TRUMP memecoin, suffered massive losses recently—losing $207,000 in just one hour. The loss comes after former President Donald Trump posted "I LOVE $TRUMP" on social media. After the post, the whale quickly invested US$5 million in $TRUMP, predicting the price would skyrocket. However, things did not go as planned. Despite the excitement stirred by Trump’s post, the price of memecoin did not rise as expected. Within an hour, the whales decided to cut their losses and sell all $TRUMP tokens, ending up with a loss of $207,000. The wild journey of the whale with $TRUMP This same whale had previously made an incredible transaction. He spent 1.09 million USDC to buy 5.97 million $TRUMP tokens and ultimately made about 108 million dollars from that investment. His success has become a headline in the cryptocurrency world and earned him a reputation for timing the market well—at least until now. This latest transaction highlights the risks of pursuing memecoin, even for experienced players. Trump's influence on $TRUMP remains strong, but the market does not always react in a predictable way—even with endorsements from celebrities.
Lessons on market volatility This story serves as a reminder of how memecoin can be volatile. Quick profits can turn into quick losses, and not every move by a big player guarantees success. Traders should be cautious and aware that even whales can incur losses, especially when reacting emotionally to social media hype.