I checked the tape: Trump's token is down 23% since the midterms. It closed Nov 3 at $1.586 and trades at $1.22 now.
Democrats won control of Congress. The token that priced a Republican sweep is now pricing a Democratic one. Over the same window, BTC is down about 2%.
This is what a political memecoin looks like when the vote goes the other way. The campaign ended; the token didn't.
Are political tokens a bet on policy, or just leverage on one man?
#TRUMP #Crypto
NFA. I trade my own book. DYOR.
Democrats won control of Congress. The token that priced a Republican sweep is now pricing a Democratic one. Over the same window, BTC is down about 2%.
This is what a political memecoin looks like when the vote goes the other way. The campaign ended; the token didn't.
Are political tokens a bet on policy, or just leverage on one man?
#TRUMP #Crypto
NFA. I trade my own book. DYOR.