The launch of the official Trump token on the Solana blockchain has sparked heated discussions across the crypto space. While it rides on the wave of Trump’s controversial and polarizing figure, there’s a major red flag that caught my attention: 80% of the token supply is unlocked. This setup creates a significant risk for early investors, as it leaves room for massive sell-offs or manipulation. For more details on the tokenomics, you can check here: https://tokenomist.ai/official-trump.
As a trader, I see this as an opportunity to short the token. Shorting means borrowing the asset (in this case, the Trump token), selling it at the current price, and then repurchasing it later at a lower price if the value drops. The difference between the selling and repurchasing prices is the profit.
Why I’m shorting the Trump token: with 80% of the supply unlocked, the risk of a sudden flood of tokens on the market is significant. This could drastically drive the price down. Additionally, this memecoin seems to rely more on Trump’s name and the cult of personality surrounding him than any clear utility or sustainable value proposition. Many personality-driven memecoins experience short-term hype, followed by sharp corrections when the excitement fades.
Shorting is not without its dangers. If the token’s price unexpectedly skyrockets, losses can be significant, as there’s no cap to how high a price can go. Careful risk management and setting stop-loss orders are essential.
If you’re considering shorting the Trump token, you can do so through platforms like Vertex. Use my referral link to get started: https://app.vertexprotocol.com?referral=ddVPpwS9e8.
The Trump token may appeal to some as a speculative gamble, but the high unlocked supply and personality-driven hype make it a risky bet. For those who want to trade against the odds, shorting could be an intriguing opportunity, but only with a clear understanding of the risks involved.