Content
@
0 reply
0 recast
0 reaction
androidsixteen
@androidsixteen.eth
After sleeping on it, this is my take on the wkd's events — the team that launched $TRUMP massively underestimated their own capital formation event Here's the thinking: this is the same team that launched Trump trading cards on Polygon (https://collecttrumpcards.com/), CIC Digital LLC. The trading cards received a lackluster response, and this team expected a similar order of magnitude of attention for their next onchain "venture" However, this time, they timed the meta correctly with a memecoin on Solana. It ended up going gangbusters and being bigger than they had expected. They were a bit flat-footed as a result, leading to the $MELANIA fumble The crypto industry on the other hand, overestimated the intelligence and motives of this launch, and jumped to conclusions. They assumed long-term plans like using $TRUMP to galvanize a national strategic reserve and buy Greenland (😆) Now, CIC has 80-90% of the supply and has to walk the razor's edge. Can they meet the inflated expectations of this token?
6 replies
2 recasts
33 reactions
IrishMarine94
@bpo
How much of the market cap is flowing in from foreign governments/foreign influence operations do you think?
1 reply
0 recast
0 reaction
androidsixteen
@androidsixteen.eth
No way to know (by design) But I doubt it’s been much at this point — too much fog of war for nation-state level actors to try and buy influence It just assumes too much competence at this stage. But I have no doubt that they’ve been listening for dog whistles
0 reply
0 recast
0 reaction
