More Than 800K have Lost $2 Billion on Trump's Meme Coin

Monday, February 10, 2025

President Donald Trump's cryptocurrency, called $Trump, has cost investors billions.

Posted by reinheitsgebot at 09:31 AM | 11 COMMENTS | permalink | Comment on This Entry |

Trump meme coin update: TRUMP: Over $100 million in trading fees THE PUBLIC: Over $2 billion in loses

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-- Judd Legum (@juddlegum.bsky.social) February 9, 2025 at 4:22 PM

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... Early traders who purchased the meme coins within minutes walked away with profits, ...

Similar to the Melania Meme Coin. Early on, it peaked around $13, but is not worth around $1.50.

#1 | Posted by LampLighter at 2025-02-09 03:28 PM | Reply

Anyone here could have told them this would happen.

No sympathy.

Let them blame it on USAID or something.

#2 | Posted by Zed at 2025-02-09 05:16 PM | Reply | Newsworthy 2

Early buyers likely were entirely Trump and his inside circle.

It was never anything more than a quick money grab from the idiots.

#3 | Posted by jpw at 2025-02-09 06:45 PM | Reply | Newsworthy 1

Similar to the Melania Meme Coin. Early on, it peaked around $13, but is now worth around $1.50.
#1 | Posted by LampLighter

Oddly enough, I hear that was the going price for the real thing a couple decades ago.

#4 | Posted by censored at 2025-02-09 07:28 PM | Reply | Funny: 2

"Step right up folks and be amazed!"

#5 | Posted by C0RI0LANUS at 2025-02-10 09:14 AM | Reply

Ivanka already pickpocketed $11,000 from USAID during the first administration. This is such chump change for an oligarch, yet she pilfed it anyway. Pathetic.

link text

#6 | Posted by C0RI0LANUS at 2025-02-10 09:35 AM | Reply

SadTrombone.com

#7 | Posted by qcp at 2025-02-10 09:47 AM | Reply

"There's more money to be made from the ignorant than the enlightened, and deceiving Americans is one of the few growing home industries we still have in this country. A truly educated populace would be bad, both for politicians and for business."

Charles Simic

#8 | Posted by SomebodyElse at 2025-02-10 11:50 AM | Reply

Losers and suckers.
Using the same phrase Trump "coined" for veterans who perished.

#9 | Posted by e1g1 at 2025-02-10 11:53 AM | Reply

- both for politicians and for busines

Same things these days with President Herr Musk in charge.

#10 | Posted by Corky at 2025-02-10 11:58 AM | Reply

< play price is right loser horn sound effect here >

#11 | Posted by a_monson at 2025-02-10 02:38 PM | Reply