From Peak to Collapse: The 88% Drop Behind Politician Tokens

【Crypto World】The return of a certain politician once ignited speculative enthusiasm in the crypto market, but a year was enough to rewrite the entire story. The token he launched entered the market before his inauguration and soared to a high of $45.57, with market sentiment at its peak. However, 80% of the supply was held by insiders — a detail that is crucial. And now? The price has fallen to around $5.60, a decline of nearly 88%, and investor enthusiasm has cooled accordingly.

The token issued by his wife experienced an even more dramatic rise. It peaked at $8.48 and now hovers around $0.11, with a drop of over 90% leaving people stunned.

The reasons behind this are actually not hard to understand. The anticipated “Clear Bill” has yet to be fulfilled, and the market has lost the imagination of policy support. Meanwhile, various scams surrounding related tokens have emerged frequently, further damaging investor confidence. Analysts generally believe that this situation shows that political figures’ involvement in cryptocurrencies can be a double-edged sword — the market bets on policy support, but if expectations are not met, it can turn into a risk. Short-term speculative fervor and long-term market health seem difficult to achieve simultaneously.