Show Notes
Donald $Trump Allegedly Launches #Memecoin, Pumps And A Dump Ensue
#Crypto #Cryptocurrency #podcast #BasicCryptonomics
Website: https://www.CryptoTalkRadio.net
Facebook: @ThisIsCTR
Discord: @CryptoTalkRadio
View Full Transcript
Episode Transcript
[00:00:00] Out of cycle Update.
[00:00:03] Truly the king of all FOMO CryptoTalk FM. My name is Leister. I'm your host with a breaking update post. The Pump. I waited. I waited till after the pump because what I didn't want to do, as I said, I don't swag. It was getting too much hype on social media and I didn't want you to FOMO into this crap because I knew what was going to happen to you. Now as a result, some of you who don't do social media, kudos to you by the way, missed out on what could have been a major amount of profit. But you also got got kept safe. You know that there's still an opportunity because it's ups and downs. But I don't know what's gonna happen to this. And that's why I waited. I wanted to wait till after the, you know, stuff died down and you know, official Trump launches on Solana chain. Here's what I was told. Apparently this was broadcast by Donald Trump himself who's about to be inaugurated tomorrow. But somebody need to check on that that girl, if you can call her that, to see if she's going to scream bloody murder as Trump sworn in again. She hadn't been seen since the last time this happened in 2020. But the point here is we need to step back and look at the timing of the buy the rumor, sell the news event around this official Trump. Donald Trump himself promoted this on X which got people thinking he got hacked as far as I can tell. He didn't get hacked. Far as I can tell. This is a legitimate something. Eric Trump chimed in as well, talking about it. There was some dude who got in and he must have put in just based on the price pattern that I saw.
[00:01:36] I'm gonna guess he had to toss in like you know, a hundred thousand bucks or some crap or even more maybe because the the message was that he went from a 1 million to $90 million. But it 10x after it launched. It launched at 7 bucks on the public side according to what I was told. There was no pre sale. However, coffee Zillow chimes in and says there's a whole lot. Basically 80% of the supplies being held by 2 LLC out of Delaware allegedly associated with Donald Trump.
[00:02:10] Now part of the problem with having so much supply held by those companies is not necessarily the risk that he's trying to rip you off. Rather, who is it that's consulting him to do this launch and who is it that's consulting him about the token breaks and who is it that's consulting him about the contract code? That's where you got to be kind of sketchy and nervous because we don't really know the legitimacy of those that consulted with him. That's really the bigger problem. Like it's going to look really bad for him if it turns out he partnered up with some sketchy business to launch this meme token. Now, nothing says that you cannot launch a meme token, but then you flip it around. Gary Gensler is apparently on his way out. The messaging had always been around staking, so if he doesn't offer any staking, he should be good and clear. But holding 80% of the supply opens up questions. Binance listed this garbage. Usually when Binance lists garbage like that. Remember Pepe, Right. Binance just listed out of nowhere and then it goes to billions of. This guy went all the way up to like $17 billion in market cap in a very short span of time. I want to say it was like 48 hours to 72 hours. Skyrocketing market cap. I did my own analysis. Turns out there was roughly half the volume was bots. We knew that. That's why I said whoever's consulting with him on this process is they're going to set him up for failure. I don't know what the deal is. Anyway, I'm, I'm going to tell you that official truck and this money pattern did help Solana, the main Solana token, by the way, because of course the liquidity pair. So the official Trump is not a scam coin, as far as we can tell. It looks like it's official endorsed. It's not one of the garbage ones, like one of the pump fun ones. It doesn't look like that at all. Looks like it's a legit something and it's going in these waves up and down and there's going to be significant ups by the rumor with it and sell the news as Donald Trump has sworn into office. I'm not telling you to get in or not get in. I'm giving it to attention because you probably already heard about it or already aware of it and depending on what happens with. Now the bigger question is depending on what happens with bitcoin, we have to see what that's going to entail with the price movement of Solana, which in theory should help the price of this. Regardless, that's assuming it's not a scam. The worst thing one person could do is toss like 10 or $20 at it and get a 10x off it because you know, that's low risk. But please do not, please do not YOLO or FOMO into this official Trump. If you're a gambling with a roll of the dice, I can't tell you what Dooch Cash. I'm telling you, I would not, I would not invest more than you can afford to lose. That's standard, you know, investment advice, but here especially, because you just don't know who it was that consulted him. He could have some scammers that consult, like with the World Liberty Financial. He partnered up with a known scammer for that business. So that's why I'm a little bit on the hesitant side. If you hear it in my voice. I'm not suggesting that there's not a profit opportunity, though, with this.
