As The $TRUMP Meme Coin Crashes On Trump’s New Trade War, An Analyst Laments That “This Is Not Like The Last Cycle—Something Has Changed”

Over the weekend, Trump fired a salvo into the very heart of some of the biggest trading partners of the US by levying across-the-board import tariffs, roiling the only liquid market that was fully open over the weekend - the crypto sphere. Now, as other risk assets continue to catch up with the legendary volatility-induced swoon in the altcoin space, best characterized by the $TRUMP meme coin plunging ~20 percent over the past 24 hours, one analyst contends that something has fundamentally changed for altcoins. *PRESIDENT TRUMP OFFICIALLY SIGNS 25% TARIFFS ON MEXICO & CANADA, 10% TARIFFS ON CHINA FOLLOWING […]