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The title doesn't make it clear (though the article does state it immediately)... this is on paper only. If they cash in, they crash their own market, so while
by codingdave 1y ago
The title doesn't make it clear (though the article does state it immediately)... this is on paper only. If they cash in, they crash their own market, so while this is 100% corrupt and problematic... they aren't going to ever see that money.
- throw0101d 1y ago> If they cash in, they crash their own market, so while this is 100% corrupt and problematic... they aren't going to ever see that money. If they cash in all at one that may happen. If they 'DCA' themselves out over a period of 2-3 years (before 2028) then a crash is less likely to occur.
- rcxdude 1y agoIt's a memecoin, there's basically zero chance the price will stay high that long.
- ceejayoz 1y agoThat’s what I thought about $TSLA, but here we are.
- cowboylowrez 1y agoits a trump memecoin, it has one job and its doing it.
- ceejayoz 1y ago> If they cash in, they crash their own market… Not if someone on the other end props it up. There are plenty of foreign governments for whom $5B to buy a big favor from POTUS would be a no-brainer.