Trump Memecoin Collapsed 94% As $1B+ in Profits Spark Public Backlash

tldr; The Trump memecoin experienced a dramatic 94% collapse from its peak of $75.35 to around $4–5, erasing most of its market value within a year. Early sellers and insiders reportedly profited over $1 billion through token sales and fees, while late buyers faced significant losses. The crash has sparked political backlash and calls for stricter regulations on celebrity-linked tokens. The incident highlights the risks of speculative investments and has increased scrutiny on similar crypto projects.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

They could’ve milked this coin for the full 4 years

Seems like celeb coins never work out, regardless of who it is. Best to just avoid those entirely, unless you plan to lose it all.

This was a billion dollar bribe with some maga idiots as collateral

Eat cake