BlockBeats news, on May 8th, CZ stated in a podcast interview on Tuesday that TRUMP coin is a very interesting phenomenon. I think its emergence reflects a characteristic of the cryptocurrency market, which is its rapid response to hot events and celebrity effects. As a highly controversial figure, Trump's name itself can attract a lot of attention. Therefore, the popularity of this token is somewhat expected.
However, from an investment and long-term value perspective, I would be more cautious. Many of these types of tokens are more based on hype rather than genuine 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 cryptocurrency market has matured a lot, but this celebrity related token craze also reminds us that market sentiment is still a big driving factor. ''
In addition, CZ stated that news cycles often have a certain impact on the rise and fall of tokens. Especially for newcomers to this industry, they may feel that the cryptocurrency market is more like a speculative arena than a technology driven ecosystem. However, on the other hand, this also demonstrates the inclusiveness of the cryptocurrency market - anyone can participate, and any idea can be tried. This is both its strength and its challenge
