That chest Coin fell hard: Crypto trader lost $ 8 million!

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That chest Coin fell hard: Crypto trader lost $ 8 million!

He invested in Trump Breast Coin, a crypto trader trend. However, this breast coin lost 70 percent, while crypto investors suffered greatly. Meanwhile, Trump graph shows that Token is close to critical resistance. According to some analysts, a leap on it can send the tokens to a $ 77.77 AC.

Crypto Trader has lost great this time with Trump Coin!

As you have followed from Kriptokoin.com, current US President Donald Trump launched the official breast Coin, which has become rapidly popular among crypto users, Trump. Some early adopts, including the crypto trader, made millions of dollars profit. However, the second decision of trader to re -invest in crypto money resulted in frustration.

According to the On-Chain Analytical Platform Lookonchain, Trader first purchased 1.03 million Trump at only $ 1.79. Following a large rally, Trader made a profit of 22.7 million dollars by selling all these tokens at a price of 23.84 dollars. In this way, the first Trump investment of the trader made millions of profits. However, Trader re -investment in Tokena and purchased 309,514 Trump equivalent to $ 16.7 million. However, the Trump breast coin price went downhill due to sales pressure. As a result, in the midst of the crypto trader Trump’s 70 %collapse, it is now facing a loss of $ 8.48 million.

Losses and profits are common in the crypto sector. Critics are worried about Trump’s performance and ongoing consolidation. More importantly, despite his relationship with the US president, breast coin became a victim of fluctuation and caused doubts about recovering.

Can Trump Coin recover?

Within a few hours after the launch, Trump became one of the most trendy breast coins. On the same day, it reached the highest level of $ 75.35 before entering a consolidation and a complete fall trend. The latest moves by this crypto trader emphasize the natural crypto volatility. The decline in the trader’s PNL reflects the volatility of its market. This took place when Trump Coin lost 70 %of its value since AH, which was determined eight days ago, entered a complete decline trend. Token is currently trading for $ 26.16. However, according to analysts, it is possible to rise up to $ 77.77 depending on the Fibonacci extension.

However, it is important to point out that the journey can go or not go with the fully given extension. Investors should conduct the best research to provide minimum risk in their investments.

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