TRUMP to GOHOME: Surfing the Political Trading Wave

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The story "TRUMP to GOHOME: Surfing the Political Trading Wave" was covered 16 hours ago by CoinGape, a news publisher based in India.

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TRUMP to GOHOME: Surfing the Political Trading Wave - CoinGape

Quick Summary:

The world is officially going off the rails as political memecoins evolve into a very real measure of political capital — amid a backdrop of traditional media devaluing and nearly being replaced by social media, where prediction markets disrupt conventional polls; when political sentiment itself seems poised to trade like stocks.

If some policy that those in the political know believe will positively impact crypto, $TRUMP will surge well before the positive news is announced, and then Bitcoin will follow.

In such a market, buying already ‘shot’ memecoins that have gone through their ‘pump and dump’ cycle is usually not the best idea: most of these tokens will not repeat past returns — largely due to the trivial value dispersion.