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$TRUMP just pulled off a crazy bounce
Over the past few days, a lot of traders were heavily shorting TRUMP, expecting the price to keep dropping. But the narrative flipped quickly after the team announced a “Gala Luncheon” for the top 297 token holders.
That news triggered a sudden wave of buying, and the move wiped out nearly $8M in short positions as liquidations started kicking in.
Just shows how fast sentiment can flip in this market — especially when narratives hit at the right moment.