Bernstein: Tokens directly tied to the president may outlast most

Odaily News Bernstein analyst Gautam Chhugani said insiders holding $Trump tokens could distribute the supply, causing unsuspecting investors to suffer losses, which has happened in the past with Trump-related assets, especially 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, given how quickly its market cap has soared. But a token directly tied to the president may outlast most, but its ownership structure may reduce its appeal. In this case, a meme coin that taps into Trump's brand and political image has some durability, but since 80% of the internal supply is provided by Trump affiliates, its longevity will depend on the underlying token design. (BusinessInsider)