$TRUMP

$TRUMP Today, this one hasn’t moved much—but in the past 24 hours it has still managed to push up about 6%, which suggests that short-term funds are still looking for standout assets.

But the biggest risk with this kind of coin is that sentiment can come fast and fade just as quickly. If it’s going to stay strong, we’ll need to see that when it pulls back, the volume and momentum don’t collapse all at once—otherwise it’ll just turn into a brief burst of excitement.

I’ll keep an eye on whether it can hold onto the capital that just chased in. Do you think this is the start of a new round of sentiment-driven trades, or is it about to begin another round of harvesting the FOMO chasers?