Now, hark! Young Trump, donning the hat of Web3 Ambassador for World Liberty Finance (WLFI), has taken a seat at the crypto poker table once more. Back in February, he advised traders to “buy the dip” in Bitcoin—a move that, lo and behold, preceded a 15% surge in BTC and a 20% bounce in ETH. Seems the lad’s got a sixth sense for market dips, or perhaps he’s just reading the same playbook as his pappy. 🐧
This latest bit of advice comes as the crypto world’s been tossed about like a cat in a washing machine. Bitcoin dipped below $113,000, nearly kissing $112,724 on the cheek, while Ethereum stumbled to $3,460. A 5% loss? Pfft! That’s just a warm-up for the real show. 🦄
The altcoin crowd ain’t faring much better. XRP and Solana have lost more than 5% of their market caps, and the on-chain data tells a tale of panic selling. ETFs, those greedy little gourmands, are gobbling up a hefty portion of the outflows. It’s a free-for-all down there, folks! 🚀
Trump, ever the optimist, claims his faith in BTC and ETH is rooted in “macroeconomic trends.” In July, he declared that global M2 money supply alone would justify Ethereum hitting $8,000. And let’s not forget his grand ambitions for American Bitcoin—a venture co-founded with Hut 8—to become the largest corporate BTC hoarder in the U.S. Sounds like a plan cooked up over a midday bourbon and cigar. 🥃
Disclaimer: This here article is for entertainment, not investment advice. We’re not telling you to bet your farm on crypto—or even your second-best hat. Do your own research, consult a licensed financial wizard, and remember: if it sounds too good to be true, it probably smells like a skunk. 🦊
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2025-08-02 23:56