kook
Crypto Trader, Creator of KookLetter
The TRUMP token could skyrocket to $7 or even $11 if a cryptic White House video is teasing the long-delayed Trump phone launch. The clip has a woman asking whether it is launching soon and someone saying yes, followed by a flashing flag and a notification sound, resembling the Solana phone and BONK airdrop playbook. The token also recently tapped its 100 EMA, a level that acts as final resistance in a downtrend or support in an uptrend. x.com x.comÂ
The US dollar is heading to worthlessness, a reaction to Kalshi's report that Trump says he does not need Congressional approval to issue $5,000 'Trump dividends'. x.comÂ
The TRUMP memecoin may not be the last Trump-linked token, as Trump said he would "probably" release more memecoins. The token is down 98% from its high, and Trump earned $635M in royalties while retail investors lost nearly $3 billion. x.com x.comÂ
Downtrodden previous-generation large-cap memecoins such as PEPE and WIF offer a great risk-reward trade and should go higher than many expect. They are known-quantity memes with reliable flows through a multi-month bear market, letting buyers bid with decent size and liquidity. PEPE rose 80% when bitcoin jumped in August, has a real path to new highs, and WIF could top a $1B valuation and potentially go much higher. x.com x.comÂ
Bitcoin falling to $40k might be too generous, as episodes like Hunter Biden's memecoin dropping 99% right after launch show why people will never take crypto seriously. x.comÂ
Scheduled insider unlocks leave TRUMP holders exposed to continuing selling pressure. Around 80% of the memecoin is held by insiders, while retail supplies the exit liquidity; the token is already down about 98% from its high. x.com x.com x.comÂ
Memecoins paired with stocks and altcoins rebuild the CDO mechanism of the financial crisis, so when that bubble bursts it should hit the paired assets too, including Nvidia, Apple, Amazon, TAO and HYPE. Like banks repackaging risky mortgage tranches as AAA, the pairs bundle assets for protection and get paid to absorb the risk underneath. A memecoin bubble has just begun; if a few surge to tens of billions, even above their paired stock, everything could crash within a month or two. x.com x.comÂ
PUMP is the best play to position for a new memecoin season, expected to return this summer. After a 3x move, a pullback toward 0.003 should form another bottom before the token rises later this year. x.comÂ
Trump-family crypto projects have enriched insiders at retail's expense. The family made $1.4B from crypto in 16 months, while World Liberty Financial fell from the 40 cents retail paid to 10 cents. The TRUMP memecoin is down 96% with 760,000+ wallets losing money as 58 wallets made $10M+ each, and MELANIA is down 99%, leaving over $4.3B in retail losses. The dinner-with-Trump contest drew $148M in coin buys. x.comÂ
Trump Media's Truth API, selling early access to Trump posts from August 1, is what the company calls a high-margin, first-ever revenue stream. The stock is forming a triple rounding bottom off June's all-time low, reclaiming 9.20 after three defended bottoms, while most large holders are staying. A break above 10.50 targets 14.50, about 52% higher and matching January highs; losing 9.20 resets the setup. x.comÂ