- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
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.
Crypto is like backing a Kickstarter or Gamefound project: Don’t invest any money you can’t afford to loose.
I’m going to guess a fair number of these people didn’t follow that rule.
Well, of course that’s true. There is still a difference with “investing” in fucking memecoins.
That’s regular crypto. This is that plush a dash of trump. I’d stick with only the first half of your advice. 😉