Tag: $TRUMP coin

Trump Crypto Was Good for Trump, But Nobody Else

Buck Banks

$3.81 billion

“An up-to-date tally of Trump followers turned crypto investors is in. And for them, the overall results are remarkably bad,” the New York Times reports. “Nearly 1 million people who bought President Trump’s memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.”

Trump Meme Coin Brings in $100 Million for the Grifter-in-Chief

Buck Banks

$100 million

“Buyers have poured tens of millions of dollars into President Donald Trump’s meme coin since his team advertised Wednesday that top purchasers could join Trump for an ‘intimate private dinner’ next month,” the Washington Post reports. “Nearly two dozen crypto wallets acquired more than 100,000 $TRUMP meme coins, worth roughly $100 million.”

$TRUMP Coin Makes $25B Overnight

Buck Banks

$25 billion

“President-elect Trump launched his own cryptocurrency overnight and swiftly appeared to make more than $25 billion on paper for himself and his companies,” Axios reports. “The stunning launch of $TRUMP caught the entire industry off-guard, and speaks to both his personal influence and the ascendancy of cryptocurrency in his administration. It also speaks to the nature of the crypto industry that someone could have $25 billion worth of something that literally did not exist 24 hours previously.”