Recently, there’s been big news in the encryption circle—a political concept coin related to Trump, which has plummeted in price by more than 90% since its launch in January this year. Meanwhile, U.S. Senator Warren has publicly criticized the corruption issues during the current administration's term, specifically naming the token operations supported by celebrities.
To be honest, this is not surprising.
**When political bigwigs start playing with coins, retail investors should be alert**
Think carefully about this routine: celebrities create momentum, and after the hype is at its peak, retail investors follow suit, waiting until the "chives" have been cut enough, and then the coin price free-falls. How is this different from certain projects hiring celebrities for endorsements? The hype is temporary, but the mess is always picked up by retail investors. What Warren mentioned about reducing taxes for the wealthy and removing oversight officials essentially reveals a fact—when power and capital get too close, ordinary investors become cannon fodder.
**"Political Favor"? Don't be naive**
Some people are still blowing about "political concept endorsement"; I just want to say: wake up. Why can Bitcoin withstand the storm? Because it has truly achieved decentralization. Tokens that are deeply tied to politicians are essentially centralized products. A single word from a big shot can make it soar, and it can also make it crash. Looking back at history, how many coins that had ties with politicians lived long? If retail investors blindly follow the trend, they basically adopt a gambler's mentality of chasing highs and cutting losses, ultimately unable to preserve their principal.
**Three Pieces of Advice for Retail Investors**
First, don't be led by political hype. No matter who is on stage, it ultimately comes down to the code, the ecosystem, and the actual application scenarios. Dogecoin's rise is based on community consensus, not just one person's words.
Second, stay away from "celebrity surrounding coins". Even if endorsed by national leaders, projects without actual applications are still air. Look at the coins that have plummeted by 90% this time; it would be better to honestly hold some mainstream assets.
Third, adhere to long-termism. The more chaotic the market, the more we need to seize underlying value assets. Coins that have already dropped to their ankles should not expect miraculous reversals.
**Finally, let me say something heart-wrenching**
The crypto market has never had a savior, only endless chives to be cut and scythes that can't be hidden. When the big shots start to "care" about cryptocurrencies, be wary of the knife they have in their pocket. In investment, having a brain is more important than the news.
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DAOdreamer
· 8h ago
It's the same old trick again; I won't touch a single coin endorsed by politicians.
View OriginalReply0
wagmi_eventually
· 8h ago
They are at it again, trying to play people for suckers, wake up everyone!
Politicians playing with coins is just that disgusting, next time you see a celebrity endorsing something, just steer clear.
Honestly hoarding Bitcoin is much more reliable than following these scamcoins.
That's how the market is, brains are always worth more than hype.
View OriginalReply0
MetaverseVagabond
· 8h ago
90% big dump, this is the fate of political coins.
The retail investors who followed the trend at the beginning are probably crying now, really, don't be fooled by the pros anymore.
View OriginalReply0
ImaginaryWhale
· 9h ago
Haha, here we go again, Be Played for Suckers, politicians playing with coins and I'm directly Rug Pull.
A 90% fall, this is the price of faith deposit.
Celebrity coins are all poison, I've long learned to avoid the pitfalls.
Those who tout political concepts really need to wake up, this is just a machine for playing people for suckers.
I knew it would be like this, those who didn't get on board made a lot of profit.
Politician endorsement? I still trust BTC, something truly decentralized.
This operation is really amazing, retail investors are Rekt by ninety points.
Mainstream Token is the right path, don't touch these conceptual coins, they're big traps.
View OriginalReply0
EthMaximalist
· 9h ago
It's the same old political trick of playing people for suckers. I've said it before, what the crypto world fears most is when the pros get involved.
A 90% fall is nothing; the key is that those retail investors still buying the dip really need to wake up. Celebrity endorsements have always been a setup.
Recently, there’s been big news in the encryption circle—a political concept coin related to Trump, which has plummeted in price by more than 90% since its launch in January this year. Meanwhile, U.S. Senator Warren has publicly criticized the corruption issues during the current administration's term, specifically naming the token operations supported by celebrities.
To be honest, this is not surprising.
**When political bigwigs start playing with coins, retail investors should be alert**
Think carefully about this routine: celebrities create momentum, and after the hype is at its peak, retail investors follow suit, waiting until the "chives" have been cut enough, and then the coin price free-falls. How is this different from certain projects hiring celebrities for endorsements? The hype is temporary, but the mess is always picked up by retail investors. What Warren mentioned about reducing taxes for the wealthy and removing oversight officials essentially reveals a fact—when power and capital get too close, ordinary investors become cannon fodder.
**"Political Favor"? Don't be naive**
Some people are still blowing about "political concept endorsement"; I just want to say: wake up. Why can Bitcoin withstand the storm? Because it has truly achieved decentralization. Tokens that are deeply tied to politicians are essentially centralized products. A single word from a big shot can make it soar, and it can also make it crash. Looking back at history, how many coins that had ties with politicians lived long? If retail investors blindly follow the trend, they basically adopt a gambler's mentality of chasing highs and cutting losses, ultimately unable to preserve their principal.
**Three Pieces of Advice for Retail Investors**
First, don't be led by political hype. No matter who is on stage, it ultimately comes down to the code, the ecosystem, and the actual application scenarios. Dogecoin's rise is based on community consensus, not just one person's words.
Second, stay away from "celebrity surrounding coins". Even if endorsed by national leaders, projects without actual applications are still air. Look at the coins that have plummeted by 90% this time; it would be better to honestly hold some mainstream assets.
Third, adhere to long-termism. The more chaotic the market, the more we need to seize underlying value assets. Coins that have already dropped to their ankles should not expect miraculous reversals.
**Finally, let me say something heart-wrenching**
The crypto market has never had a savior, only endless chives to be cut and scythes that can't be hidden. When the big shots start to "care" about cryptocurrencies, be wary of the knife they have in their pocket. In investment, having a brain is more important than the news.