Thousands of investors in Trump's memcoin lost $2 billion in just weeks

[Samori Toure]

But Trump and his family and partners racked up $100 million in trading fees.

https://finance.yahoo.com/news/thousands-investors-trump-memecoin-lost-061200440.html

 

[Wiseborn]

Stupid people make stupid plays

 

[Ghost Utmost]

Crazy

His cultists are masochists

He keeps abusing them and they lap it up.

 

[WhereIsTheLove]

They deserve it. But not mentioned is a lot of ppl are probably still up by a lot since it started below $1. Trump family made so much from the trading fees. Also, they control 80% of the supply which is currently not tradable fore 1 year I believe

 

[Heafcliffe]

Duke just multiplied the number of those wanting to commit that and/ or hate him exponentially.

 

[In The Zone '98]

Though the Trump meme website offers a disclaimer that crypto users should buy shares of the president’s memecoin as a means of support, rather than a legitimate investing strategy, it hasn’t stopped traders from trying to win big, and some have. On the first day of $TRUMP’s trading, one user bought nearly 6 million tokens at a share price of just 18 cents. Two days later, the mystery user sold their shares and racked up a profit of $109 million, according to the Times’ analysis.

The greatest 100x of all time

 

[King Poetic]

Trump supporters.. “ He’s a great businessman, so he will know how to run the country “

 

[Baka's Weird Case]

you have to be impossibly stupid to fall for this. like so stupid i question how you have gotten this far in life without dying

 

[O³ (O cubed)]

A crypto pump and dump works on people who don't understand crypto.

1. Create Coin
2. Use Celebrity with big fan base to endorse the coin.
3. Inflate coin price.
4. Sell coin for profit.
5. Coin is now worthless.

And I know shyt about cryptocurrency.

 

[Brolic]

The greatest 100x of all time

That mystery user was probably one of Trumps friends/family member.

 

[Slow Moving]

They deserve it. But not mentioned is a lot of ppl are probably still up by a lot since it started below $1. Trump family made so much from the trading fees. Also, they control 80% of the supply which is currently not tradable fore 1 year I believe

The greatest 100x of all time

They're called insiders 7-10% of the coin was bought by insiders before the general public got access.

 

[Windows 91]

Most obvious pump and dump ever

 

[the bossman]

a lot of ppl are probably still up by a lot since it started below $1

Those are insiders. And that's only few

 

[WhereIsTheLove]

The greatest 100x of all time

Those are insiders. And that's only few

That mystery user was probably one of Trumps friends/family member.

Yes, I agree. This person was the first buyer of the coin. As you can see at the very bottom of the picture. They spent $1m to buy 5.9m tokens at $0.18 at launch. 100% an insider of the team, or the team itself. It's the only way one would have such conviction, but the following purchases especially at $0.22 and higher are likely real people or bots who are blockchain memecoin experts. They use the best tools out to track coins in real time. It was a massive pay day for them.

 

[Diondon]

This second presidency is just for old boy to build his golden parachute/nest egg