Summary
Donald Trump’s cryptocurrency, $Trump, has led to $2 billion in investor losses.
Launched three days before his inauguration, the meme coin initially surged from $0.18 to $75, allowing early traders to profit massively.
However, its value has since plummeted to $17, leaving over 810,000 crypto wallets at a loss.
Meanwhile, Trump and his family have earned over $100 million in trading fees.
Good, fuckem. I made money off of those fucking moron cunts.
A lot of concern I’ve heard is that it’s possible he’s using it as a payment method for bribes/influence. Since they make money on fees, you could literally just trade the coins back and forth to yourself and “give” trump money.