tldr; Thousands of investors in Trump’s memecoin lost $2 billion in just weeks, while the Trump family and its partners accumulated $100 million in trading fees. This financial event highlights the volatility and risks associated with investing in cryptocurrency, particularly in speculative assets like memecoins. The situation underscores the potential for significant financial losses for investors, contrasting with the substantial profits made by those facilitating the trades.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
nnoltech on
Whats crazy is they are happy to be scammed by their cult leader.
MsKat141 on
Sir, this is a casino.
Single-Fig-3381 on
Nice. I’m sure he’s very grateful to those that donated to his coin and pockets
FGTRTDtrades on
Im starting to think this guy doesn’t have everyones best interests in mind /s
SeveralAmbassador258 on
Thousands of GAMBLERS lost money because they gambled wrong…..
Lionzzo on
Its disheartening to see how the $TRUMP memecoin saga unfolded. While the Trump family reportedly raked in nearly $100 million in trading fees, over 800,000 investors collectively lost around $2 billion.
This feels like a stark reminder of the risks in the crypto world, especially when hype overshadows due diligence. Its crucial for us to stay vigilant and thoroughly research before diving into such investments.
Forward_Golf_1268 on
Welcome to another obvious pumpie & dumpie boys. Hold the bags for the big boys now.
Savi321 on
So, about the investors do we say FAFO?
On a lighter note.
Sad-Plant-1953 on
They’re okay with it. According to the “investors” on r/ officialtrump, they’re just glad to have participated. Even though some lost their life savings, took out 2nd mortgages, spent inheritance money, etc. The dedicated hodlers feel the meme coin will be valuable someday.
Now imagine if the democrats acted like this, and Biden rugged pull his supporters. Ffs.
etherd0t on
Count me in too w/ some… 30 bucks😄🤷♀️
jqVgawJG on
Remember when everyone said that having Trump was going to be great for crypto?
Fuck you, again <3
IncreaseOk8433 on
If the ‘investors’ lost 2 billion, the Trump klan made a lot more that 100 million dollars.
BraeznLLC on
`Investors = Fight Fight Fight LLC + CID LLC`
Bulgarian owned and operated companys that helped merchandise Trumps campaign for 2016 & 2024.
They hold collectively 80% of the supply locked up and distributed over the corse of 3 years.
Says it right on the website for both $TRUMP & $MELANIA
**I won’t touch it, I dont trust it, no token creator should have 80% of the supply that straight up manipulation and saying ” Your moneys are now my piggy bank “**
Connect-Agent-5412 on
I lost 4$
igorup on
“investors” he-he
chortogrower on
Serves them well
Riakrus on
🤪
SteinUmStein66 on
Niccccce. The hope being it was the fanatics dropping their life savings into it because they believed “Daddy” Trump was going to make them rich.
friendlyghost_casper on
Good
paulgnz on
Moonshot and Moonpay did pretty well
pat_the_catdad on
*so far
Icy_Artist_2586 on
Make Meme Great Again
True-End-882 on
That’s a misspelling of “ignorant trumpets who gladly blow the horn of a demigod”
Rent_South on
And yet, while it had been steadily declining from 70 to 15, it somehow shot up 20% back to 20 just a few hours ago.
Weirdly more or less like XRP did today. So it might be safe to assume that Trump coiners are just as dumb as XRP moon bois. Their minds think alike.
krichard-21 on
Three things:
1) Bleed them dry. I have zero empathy for Trumpers. None.
2) $2,000,000,000 lost? OK. I get Trump’s buddies received $100,000,000 in fees. But the remaining money has to go somewhere. Right?
31 Comments
“Investors”
Who could have seen it coming
tldr; Thousands of investors in Trump’s memecoin lost $2 billion in just weeks, while the Trump family and its partners accumulated $100 million in trading fees. This financial event highlights the volatility and risks associated with investing in cryptocurrency, particularly in speculative assets like memecoins. The situation underscores the potential for significant financial losses for investors, contrasting with the substantial profits made by those facilitating the trades.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Whats crazy is they are happy to be scammed by their cult leader.
Sir, this is a casino.
Nice. I’m sure he’s very grateful to those that donated to his coin and pockets
Im starting to think this guy doesn’t have everyones best interests in mind /s
Thousands of GAMBLERS lost money because they gambled wrong…..
Its disheartening to see how the $TRUMP memecoin saga unfolded. While the Trump family reportedly raked in nearly $100 million in trading fees, over 800,000 investors collectively lost around $2 billion.
This feels like a stark reminder of the risks in the crypto world, especially when hype overshadows due diligence. Its crucial for us to stay vigilant and thoroughly research before diving into such investments.
Welcome to another obvious pumpie & dumpie boys. Hold the bags for the big boys now.
So, about the investors do we say FAFO?
On a lighter note.
They’re okay with it. According to the “investors” on r/ officialtrump, they’re just glad to have participated. Even though some lost their life savings, took out 2nd mortgages, spent inheritance money, etc. The dedicated hodlers feel the meme coin will be valuable someday.
Now imagine if the democrats acted like this, and Biden rugged pull his supporters. Ffs.
Count me in too w/ some… 30 bucks😄🤷♀️
Remember when everyone said that having Trump was going to be great for crypto?
Fuck you, again <3
If the ‘investors’ lost 2 billion, the Trump klan made a lot more that 100 million dollars.
`Investors = Fight Fight Fight LLC + CID LLC`
Bulgarian owned and operated companys that helped merchandise Trumps campaign for 2016 & 2024.
They hold collectively 80% of the supply locked up and distributed over the corse of 3 years.
Says it right on the website for both $TRUMP & $MELANIA
**I won’t touch it, I dont trust it, no token creator should have 80% of the supply that straight up manipulation and saying ” Your moneys are now my piggy bank “**
I lost 4$
“investors” he-he
Serves them well
🤪
Niccccce. The hope being it was the fanatics dropping their life savings into it because they believed “Daddy” Trump was going to make them rich.
Good
Moonshot and Moonpay did pretty well
*so far
Make Meme Great Again
That’s a misspelling of “ignorant trumpets who gladly blow the horn of a demigod”
And yet, while it had been steadily declining from 70 to 15, it somehow shot up 20% back to 20 just a few hours ago.
Weirdly more or less like XRP did today. So it might be safe to assume that Trump coiners are just as dumb as XRP moon bois. Their minds think alike.
Three things:
1) Bleed them dry. I have zero empathy for Trumpers. None.
2) $2,000,000,000 lost? OK. I get Trump’s buddies received $100,000,000 in fees. But the remaining money has to go somewhere. Right?
3) What did Trump net? Was it $1,900,000,000?
Its actually going up…
Should we pretend to be shocked?
Mission Accomplished