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

Bernstein analyst Gautam Chhugani said that insiders holding $Trump tokens might distribute these supplies, causing unsuspecting investors to suffer losses. This situation has happened in the past with assets related to Trump, especially when the stock of Truth Social's parent company, Trump Media & Technology Group fluctuated. Gautam Chhugani added that considering the token's market value soared so quickly, the 80% supply held by insiders indeed brought some pressure. However, tokens directly related to the president may be more enduring than most tokens, but its ownership structure could reduce its appeal. In this case, meme coins leveraging Trump's brand effect and political image have a certain durability. Still, since 80% of internal supply is provided by Trump's subsidiaries, their lifespan will depend on potential token design.