welcome
CoinGape

CoinGape

Business

Business & Economics

TRUMP Coin Whale Bets Another $1.6M Despite Massive Loss, What's Happening?

CoinGape
Summary
Nutrition label

60% Informative

A TRUMP coin whale has nabbed noteworthy attention among crypto market participants globally by bagging $1.6 million worth of tokens amid broader sector turmoil.

On-chain data on Saturday revealed that the whale, previously recorded to have made considerable losses with the same token, has again entered the market amid the ongoing Trump price dip.

Trump price crashed nearly 30% over the past week , which might have prompted a 'buy the dip' sentiment.

However, traders and investors speculate whether the meme coin could pump or fall ahead.

VR Score

36

Informative language

20

Neutral language

47

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links