FX Guys

Trump and Dump

Trump and Dump: Crypto’s Tumultuous Journey Continues Amid Tariff Uncertainty

In our follow-up analysis to our earlier piece on the “Trump Pump and Dump” phenomenon (read here), we take a closer look at how the “Trump and Dump” saga is unfolding on the crypto markets. With renewed tariff moves from the Trump administration targeting China, Canada, and Mexico, traders are on high alert as market sentiment remains as volatile as ever.

Trump Coin and the “Support” at $27.25

Upon launching on Binance, the coin’s open at 27.25 initially sparked some cautious optimism among traders. Many hoped that this level would act as a sturdy support, prompting a bounce back in price. However, the latest…
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