Bernstein: Tokens directly related to the president may be more durable than most tokens

Odaily Planet Daily News - Bernstein analyst Gautam Chhugani said that insiders holding Trump tokens may distribute these supplies, causing unsuspecting investors to suffer losses. This situation has also occurred in assets related to Trump in the past, especially when the stock of Trump Media&Technology Group, the parent company of Truth Social, fluctuates. Gautam Chhugani added that considering the rapid increase in the market value of the token, the 80% supply held by insiders has indeed brought some pressure to it. However, tokens directly related to the president may be more durable than most tokens, but their ownership structure may reduce their attractiveness. In this case, memes that leverage Trump's brand effect and political image have some persistence, but their lifespan will depend on the potential token design as 80% of the internal supply is provided by Trump's branches. （BusinessInsider）