Bernstein: Tokens directly related to the president may be more enduring than most tokens

ChainCatcher news, Bernstein analyst Gautam Chhugani stated that insiders holding Trump tokens may distribute these supplies, leading to losses for unsuspecting investors, a situation that has occurred 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 given the rapid surge in the token's market capitalization, the 80% supply held by insiders does put some pressure on it. However, tokens directly related to the president may be more enduring than most tokens, but their ownership structure could diminish their appeal. In this case, meme coins leveraging Trump's brand effect and political image have a certain durability, but since 80% of the insider supply is provided by Trump's affiliates, their longevity will depend on the potential token design.