The Trump Token launch, which has aroused a great impact in the crypto currency market, caused different views in the industry. Bitcoin $83,528.25 Speaking within the scope of Investor Week crypto billionaire Mike Novogratz, the launch of the sector created discontent, he said. Ethereum 
$1,977.00Vitalik Botter, the founder of the political, stressed that political tokens can be abused. While the token price had a big decline in a short time, it had a significant impact on market dynamics.
Great depreciation in Trump Token
Although Trump Token had great interest in the first moments of the market, he suffered a loss of value in a short time. After the launch of 73.43 US dollars traded token, the spelling phase to 10.81 dollars declined to USD. This sudden decline caused concern among investors.
Novogratz said that the launch of Trump Token for a long time overshadowed the expectations of people who have worked at the crypto currency ecosystem. Bitcoin Investor Week meetings held within the scope of the meeting, the future and regulatory frameworks discussed, token launch of these discussions shadowed.
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The founder of Ethereum also drew attention to the possible risks of political tokens of Vitalik Botter. Butter stressed that such tokens could turn into an unlimited political corruption tool and have negative effects on the financial system. Stating that the element of independence and trust in the crypto currency sector is important, Buteter said that such initiatives in the market should be carefully evaluated.
The effect of the launch on the crypto money market
Trump Token’s sudden depreciation once again showed that volatility is high in the crypto currency market. Although the expectations for token before the launch are high, the rapid decrease in the price shook the investor confidence. This has once again raised the risks of sudden movements in the market and the impact of speculative investment instruments.
Experts in the crypto currency market, long -term effects of political -based tokens should be examined carefully, he says. There are different views on how such initiatives will affect the general structure of the sector. While some investors think that such projects offer new opportunities for the market, others are concerned that they can create a problem of trust in the long run.
The release of Trump Token is an important test for investors. The decline immediately after the launch revealed the power of speculative movements in the market once again. In the coming days, how the token will follow and how the market will react will be closely monitored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
