PANews reported on August 12 that trader Eugene recalled two months of gains following Trump's inauguration and the $TRUMP launch, highlighting significant wealth effects amid rising volatility and risk of reversal.
PANews reported on August 12 that trader Eugene recalled a two-month crypto rally following Trump's inauguration and the $TRUMP token launch, which generated a significant wealth effect. He warned that increased volatility and quick profit opportunities may signal that the market is nearing its peak, urging investors to remain cautious of a potential reversal.