CZ: Cautiously Assessing the Long-Term Value of TRUMP Coin, Market Sentiment Still a Significant Driver in the Crypto Market

BlockBeats News, May 8th, CZ stated in a Tuesday podcast interview that TRUMP Coin is a very interesting phenomenon. "I think its emergence reflects a characteristic of the crypto market, which is its very rapid response to hot topics and celebrity effects. Trump, as a highly controversial figure, his name alone can attract a lot of attention. So, the hype around this token is somewhat expected."

However, from an investment and long-term value perspective, I would be more cautious. Many tokens of this type are more based on hype rather 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 significant driving factor."

Furthermore, CZ mentioned that the news cycle often has a certain impact on token price fluctuations. "Especially for those new to this 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 demonstrates the inclusivity of the crypto market—anyone can participate, any idea can be tried. This is both its advantage and its challenge."