Monday, August 25, 2025

Trump and Melania's Crypto Grifts Plunge 88% and 98%

The man who promised to be the first "crypto president" has seen the value of his own crypto coin collapse faster than his approval ratings. Days before his inauguration, President Donald Trump announced that he was launching a meme coin"a type of cryptocurrency that relies on online hype and digital branding. The token, traded as $TRUMP and inspired by the president's "Fight! Fight! Fight!" chant after his assassination attempt, has fallen in value from almost $75 per token in January to barely $8 today (an 88 percent drop). First Lady Melanoma Trump followed her husband into the famously volatile cryptocurrency industry and her token has fared even worse. Her $MELANIA coin has lost more than 98 percent of its value since its mid-January peak, and it is now trading at about 20 cents per token.

Posted by reinheitsgebot at 11:17 AM | 19 COMMENTS | permalink

Comments

www.quickmeme.com

#1 | Posted by C0RI0LANUS at 2025-08-22 12:48 AM

If he was smart, he would've taken the $75 per coin he got from the suckers and converted it to cash leaving the suckers to eat the loss alone.

I am reminded by the "Trump Bucks" that were used to scam the hillbillies into sending him their life savings a few years back. I loved the story of the rube that bought them and tried to exchange them for cash at the bank only to be informed just how stupid he was for buying them.

What saddens me about this, is not that Taco is never brought to justice for these blatant scams, but rather that the idjuts keep falling for it over and over.

"Get a brain morans!"

#2 | Posted by Nixon at 2025-08-22 09:00 AM

If you don't know by now, you volunteered.

#3 | Posted by fresno500 at 2025-08-22 01:49 PM

Hey.. Scamming 2% of the rabid rubes money is better than no percent.

#4 | Posted by donnerboy at 2025-08-25 11:41 AM

What saddens me about this, is not that Taco is never brought to justice for these blatant scams, but rather that the idjuts keep falling for it over and over.
"Get a brain morans!"

#2 | Posted by Nixon at 2025-08-22 09:00 AM | Reply | Flag:
(Choose)

Sure, and how many times did you shout "collusion" and "Latitia James was right". Loser

#5 | Posted by fishpaw at 2025-08-25 11:54 AM

When huge financial loss is obviously limited to a particular political viewpoint I admit; I do enjoy it. To be more plain; I love seeing --------- losing their life savings because they are horrible people!

#6 | Posted by danni at 2025-08-25 12:25 PM

Yet somehow they still made hundreds of millions of dollars from it. Hmmmmmmmmmmm...

#7 | Posted by Derek_Wildstar at 2025-08-25 12:39 PM

Some gamblers make money but most lose the rent money. I've been to casinos, always had one rule. Ant money I took there I had to consider to be money I cou;d flush down the toilet. So I would always enter casinos with $50 in my pocket and when that was gone I was done. I can honestly say I've never lost more than $50 bucks to those crooks! That's exactly what's wrong with MAGAs, they don't (more like won't) realize to Donald Trymp they are Rubes

#8 | Posted by danni at 2025-08-25 12:54 PM

"I can honestly say I've never lost more than $50 bucks to those crooks! "

You are generous! My rule was $20.

I used to go through Reno a lot. So I'd stop to pee and play some cards.

But I was ruined once by winning $700 off of that $20.

So I gave it all back(plus some) $20 bucks at a time after about 50 more visits.

#9 | Posted by donnerboy at 2025-08-25 01:01 PM

Fun fact + PEDO DONNIE still guilty of fraud.

#10 | Posted by LegallyYourDead at 2025-08-25 01:02 PM

I remember the "Trump Bucks." You were promised you could go to your bank and cash them in for double the money.

Trump relies on: There's a sucker born every minute." and he's fleecing the flock as fast as he can.

#11 | Posted by Twinpac at 2025-08-25 04:38 PM

Der Dotard took the proceeds of his scam and bought Treasury bonds. He is now trying the wreck the value of that investment...

#12 | Posted by catdog at 2025-08-26 08:27 AM

"Sikorsky CH-53E Super Stallion"
slogan.
I guess I was lucky because I always lost, never won on lottery either. Hee in Florida the lottery advertises on TV quite often with the slogan "it's good fun!" That bothers me because I know there are people buying lottery tickets but can't pay their bills so it's just not good fun! It's a way to buy hope for people who hate their reality whivh is, to me, so sad. Now our governnor wants to kiss up to the wealthy by eliminating property taxes so they'll need to sell an awful lot more lottery tickeys to fund education. I think they'll need a better slogan.

#13 | Posted by danni at 2025-08-26 08:46 AM

DANNI
Public education is not a high priority for those who own Florida's politicians.

#14 | Posted by Doc_Sarvis at 2025-08-26 09:00 AM

Fun fact + PEDO DONNIE still guilty of fraud.

#10 | Posted by LegallyYourDead at 2025-08-25 01:02 PM | Reply | Flag:

Did he say that his secondary home was his primary residence? If he did and it wasn't he deserves to have the book thrown at him. No one is above the law!

#15 | Posted by fishpaw at 2025-08-26 10:18 AM

#8 | Posted by danni

In 1986, I walked out of the Trump Casino in Atlantic City with 100 times what I walked in with.

That's one of the casinos he bankrupted. How TF do you bankrupt a casino?!

#16 | Posted by AMERICANUNITY at 2025-08-26 03:12 PM

How? Because Trump had his mitts on it and knew everything about the casino business, top to bottom, sheer genius.
Now he gets to bring that same arrogance, stupidity, and criminality to the White House.
Stay classy, MAGAts.

#17 | Posted by Doc_Sarvis at 2025-08-27 05:09 AM

What saddens me about this, is not that Taco is never brought to justice for these blatant scams, but rather that the idjuts keep falling for it over and over.

Sadly, that doesn't surprise me.

What saddens me about it is that they're allowed to vote and that their vote counts as much as mine.

#18 | Posted by jpw at 2025-08-27 11:46 AM

__________
Trump and Melania's Crypto Grifts Plunge 88% and 98%

That's from the peak, not from issued price.

Still doesn't matter, all memecoins are expected to fall in very short time, they are there only for quick enrichment of tokens creators, [celebrity] issuers and insiders or few lucky gamblers and "snipers", and are primed for immediate "rug pulls" like this one:

https://finance.yahoo.com/news/wtf-going-fake-kanye-west-161604532.html - 'WTF Is Going On?' Fake Kanye West Coins Crash After Real YZY Token Launches - 2025-08-21

https://finance.yahoo.com/news/kanye-west-yzy-meme-coin-143308494.html - Kanye West's YZY Meme Coin Bloodbath: One Trader Lost $1M - 2025-08-22

|------- Over 60% of YZY traders lost money, according to on-chain data. One address recorded a loss of more than $1 million, while a small number of insiders made massive profits.
The first major YZY buyer was linked to a known sniper and suspected insider named Naseem, who has been connected to other controversial meme coins like TRUMP and LIBRA. ...

.

#2 | Posted by Nixon at 2025-08-22 09:00 AM
If he was smart, he would've taken the $75 per coin he got from the suckers and converted it to cash leaving the suckers to eat the loss alone.

There is no "loss" for Trumps. They have already converted most of it into real "fiat" USD cash.

One, they received the tokens at no charge.

Two, whatever tokens they have left is gravy - they have already cashed out a huge amount of them, to the tune of $350M ($314M from tokens sale and $36M in fees) from $TRUMP "coin" alone as of March 2025.

Three, when someone trades or executes transactions in memecoins (or stablecoins), there is a transaction fee going to the token's chain owners, so it's beneficial to the creators and owners whose memecoins or stablecoins are used.

It pays to "print" your own money!

That's why GENIUS Act specifically prohibits Central Bank / Federal Reserve from issuing CBDC (Central Bank Digital Currency) stablecoin - a "digital US dollar" - there would be hardly a need or incentive for financial companies or banks to issue their own, if they couldn't lock in customer to their own chain network and extract transaction fees ("transaction tax") when one is used.


https://democrats-financialservices.house.gov/news/documentsingle.aspx?DocumentID=413677 - Day 5: Crypto Has Made Trump $1.2 BILLION Richer " and Counting - Washington, DC, July 17, 2025

And it doesn't even count more recent developments of essentially creating / converting his "brand" into so-called "crypto treasury companies" which are leveraged, i.e., paid for with Other People's Money.
__________

#19 | Posted by CutiePie at 2025-08-28 02:50 AM

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