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@ruffin@mas.to

2026-10-17 01:41 UTC

@molly0xfff@hachyderm.io I’m lost. “pre-announced plan” sounds like stock options given to a CEO. Like Tim Apple selling Apple stock [though he’s obviously still doing his darnedest to pump the price up after]. That’s not necessarily horrible unless… … they’re trying to legitimize a rug pull. Like if they’re marketing to drive the price up at the same time they know there’s a “pre-announced plan” to sell, you know, 85% of their holdings. Is that the argument here? They’ve dressed up a rug pull in sheep’s clothing?

Replies (1)

  • @molly0xfff@hachyderm.io 2026-10-17 15:33

    @ruffin@mas.to More or less. These events are designed to pump the price of the token -- attendance is based on the amount of tokens you hold, so the idea is that people who want to go to one of the "gala dinners" or the Super Bowl will buy more $TRUMP (thus pumping the price) to do so.

    Open ##5202821