Bernstein: Tokens directly tied to presidents may outlast most
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2025-01-22 20:02 7,810
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Golden Finance reports that Bernstein analyst Gautam Chhugani said that insiders holding $Trump tokens may distribute these supplies, causing unsuspecting investors to suffer losses, a situation that has occurred in the past with Trump It's happened in related assets as well, particularly when the stock of Truth Social's parent company, Trump Media & Technology Group, fluctuated.
Gautam Chhugani added that 80% of the supply held by insiders does put some pressure on the token, considering how quickly its market capitalization has surged. But a coin directly tied to the president may outlast most coins, but its ownership structure may make it less attractive. In this case, memecoins that capitalize on Trump’s branding and political image have some durability, but since 80% of the internal supply is provided by Trump affiliates, their longevity will depend on the underlying Token design. (BusinessInsider)