Crypto trader goes long on 33 tokens then beefs with $TRUMP
Crypto Briefing
A trader is long on 33 cryptocurrencies but has taken a short position specifically against the Trump-backed $TRUMP meme coin.Summary
A crypto trader has taken long positions on 33 different digital assets while uniquely shorting only the $TRUMP meme coin, which is associated with President Donald Trump and has plummeted 95% from its peak. The $TRUMP token, trading around $3.4, has been controversial for mixing political influence with crypto markets, offering perks like access to Trump at exclusive events. The project team is planning another gala luncheon at Mar-a-Lago on April 25, where attendance and VIP benefits are determined by $TRUMP token holdings. Despite recent market decoupling, data shows an increase in large $TRUMP holders, suggesting coordinated activity around these events.
(Source：Crypto Briefing)