CZ: Be cautious about the long-term value of TRUMP coins, market sentiment is still a big driving factor in the crypto market
Odaily News CZ said in a podcast interview on Tuesday that TRUMP coin is an interesting phenomenon. "I think its emergence reflects a feature of the crypto market, which is that it responds very quickly to hot events and celebrity effects. Trump is a very controversial figure, and his name alone can attract a lot of attention. So, the popularity of this token is to some extent expected."
However, from an investment and long-term value perspective, I would be more cautious. A lot of these types of tokens are based more on hype than real technological innovation or fundamental support. I think it’s important for investors to distinguish which projects have real potential and which are just short-term hype. The crypto market has matured a lot, but this celebrity-related token craze also reminds us that market sentiment is still a big driver.”
In addition, CZ said that the news cycle often has a certain impact on the rise and fall of tokens. "Especially for those who are new to the industry, they may feel that the crypto market is more like a speculative place rather than a technology-driven ecosystem. But on the other hand, this also illustrates the inclusiveness of the crypto market - anyone can participate and any idea can be tried. This is both its advantage and its challenge."
