#香港稳定币监管框架 has summarized the market data since that encryption-friendly president officially took office, and this pullback is indeed quite severe:
Mainstream coins have been relatively restrained - $BTC fell back 13%, $ETH retreated 9%, barely maintaining face.
But the altcoins are directly collapsing: $XRP chopped by one third, $SOL halved by nearly half (-47%), and $DOGE and $AVAX both plummeted over 60%.
What’s even worse are those varieties that were hyped up earlier: $SUI and $TON dropped by 70%, $PEPE evaporated by 75%, and as for that presidential concept coin $TRUMP? It plummeted directly by 79%, turning from a wealth-making myth into a harvesting site.
The market has voted with its feet - the expectation is that fulfillment means all the bad news has been priced in. The bubbles that were inflated back then are now bursting one by one.
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IfIWereOnChain
· 12-01 16:37
That's how a bubble bursts; once the speculation is over, there's no story left. Now is the true return to value.
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GasWaster
· 12-01 10:39
yo the $TRUMP copium finally wore off lmao... -79% is giving "i bridged my life savings at peak gwei" energy fr fr
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MissedAirdropBro
· 11-30 16:20
This is the endgame for the suckers, $TRUMP has dropped by -79%, where are those who were promoting the President coin back then?
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DeFiChef
· 11-29 07:30
Haha, -79% still has to continue to fall, this is called "presidential effect"
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memecoin_therapy
· 11-29 07:26
Damn, that wave from $TRUMP is really the ultimate case study of being played for suckers, -79% directly made people realize.
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MidnightSnapHunter
· 11-29 07:22
Damn, $TRUMP is down -79%, this is the reality, it's blown up.
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LeverageAddict
· 11-29 07:20
Wow, this data is blowing my mind, $TRUMP directly 50% Slump, this is the so-called "presidential bonus"!
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TommyTeacher1
· 11-29 07:09
Haha, they are starting to play people for suckers again, it's only been a few days.
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TRUMP coin directly faced a 50% slump, it's hilarious.
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Are they going to start dumping after the expectations are digested? The old routine.
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SOL's 50% slump is quite severe, is anyone still buying the dip?
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Where are those shouting "favourable information from the president" now?
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This wave of alts is really tragic, PEPE evaporated by 70%, it's ridiculous.
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I said long ago that the bubble would eventually burst, and they just realized it now.
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BTC and ETH are relatively stable, but the alts are crashing badly.
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XRP chopped by a third, this is the market voting, right?
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DOGE fell over 60%, concept coins are really a pit.
#香港稳定币监管框架 has summarized the market data since that encryption-friendly president officially took office, and this pullback is indeed quite severe:
Mainstream coins have been relatively restrained - $BTC fell back 13%, $ETH retreated 9%, barely maintaining face.
But the altcoins are directly collapsing: $XRP chopped by one third, $SOL halved by nearly half (-47%), and $DOGE and $AVAX both plummeted over 60%.
What’s even worse are those varieties that were hyped up earlier: $SUI and $TON dropped by 70%, $PEPE evaporated by 75%, and as for that presidential concept coin $TRUMP? It plummeted directly by 79%, turning from a wealth-making myth into a harvesting site.
The market has voted with its feet - the expectation is that fulfillment means all the bad news has been priced in. The bubbles that were inflated back then are now bursting one by one.