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Misc Crypto trading

truthsocial.com

Truth Social

Truth Social is America's "Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.
truthsocial.com truthsocial.com

So, per the above post at 11:33AM EDT, Trump promoted his crypto coin via Truth Social. The price was $10.98 at 11:31AM EDT and skyrocketed to $12.06 at 11:42AM meaning a 10% increase 9 minutes after his post!!

Trump companies supposedly own 800 million of these. If true, that would mean about an $800 million gain in value during that 9 minute period for the Trump companies.

But then it dropped from $12.24 at 12:25PM to $11.38 at 1:46PM, a 7% drop, which isn’t a surprise after a sudden steep gain as folks already owning it take a quick significant profit. This is behaving like a penny stock today.

 
great tweet
I hold several cryptocurrency assets in addition Bitcoin (mainly ETH, with some SOL, XRP, and TRX).
I started investing in ETH years ago and it has appreciated only modestly. I can finally stake ETH again.
Bitcoin is the only cryptocurrency I currently recommend investing.
I strongly feel most cryptocurrencies will eventually fail/lose all value.
 
GaWx said:
truthsocial.com

Truth Social

Truth Social is America's "Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.
truthsocial.com truthsocial.com

So, per the above post at 11:33AM EDT, Trump promoted his crypto coin via Truth Social. The price was $10.98 at 11:31AM EDT and skyrocketed to $12.06 at 11:42AM meaning a 10% increase 9 minutes after his post!!

Trump companies supposedly own 800 million of these. If true, that would mean about an $800 million gain in value during that 9 minute period for the Trump companies.

But then it dropped from $12.24 at 12:25PM to $11.38 at 1:46PM, a 7% drop, which isn’t a surprise after a sudden steep gain as folks already owning it take a quick significant profit. This is behaving like a penny stock today.

Click to expand...

lol
Influencer who attended Trump’s memecoin dinner says he got a ‘Walmart steak’—and no access to the president

www.yahoo.com

Influencer who attended Trump’s memecoin dinner says he got a ‘Walmart steak’—and no access to the president

“I was hoping for either Big Macs or pizza. That would have been better than the food that we were served,” said Nicholas Pinto.
www.yahoo.com www.yahoo.com
 
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Bitcoin for a pizza


In 2010, programmer Laszlo Hanyecz made history by spending 10,000 Bitcoin—worth just $41 at the time—on two pizzas, marking the world’s first real-world Bitcoin purchase. Fast forward to today, with Bitcoin trading at around $117,000 per coin, that same order would cost an astonishing $1.1 billion. And Wait for it…according to some reports, Hanyecz bought pizzas multiple times that year, spending up to 79,000 BTC—a stash that would be valued at nearly $9 billion today.
 
lexxnchloe said:
Bitcoin for a pizza


In 2010, programmer Laszlo Hanyecz made history by spending 10,000 Bitcoin—worth just $41 at the time—on two pizzas, marking the world’s first real-world Bitcoin purchase. Fast forward to today, with Bitcoin trading at around $117,000 per coin, that same order would cost an astonishing $1.1 billion. And Wait for it…according to some reports, Hanyecz bought pizzas multiple times that year, spending up to 79,000 BTC—a stash that would be valued at nearly $9 billion today.
Click to expand...

Think about the pizza joint that took the transaction. They would have been the real winners. Bet the owner is kicking himself for not keeping those coins.
 
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