🚨 $TRUMP MEMECOIN LOSSES
↳ Nearly 1 million investors
↳ $3.8B reportedly lost
According to the NYT, the $TRUMP memecoin has wiped out billions in investor wealth. https://t.co/NlAJ6OLyjx
🚨 $TRUMP MEMECOIN LOSSES
↳ Nearly 1 million investors
↳ $3.8B reportedly lost
According to the NYT, the $TRUMP memecoin has wiped out billions in investor wealth. https://t.co/NlAJ6OLyjx
About 1 Million Investors Lost $3.8 Billion on Trump Memecoin..
Yes Guys People who invested in Trump coin have lost $3,810,000,000..
MemeCoin had a peak value of around $75, but it's currently worth less than $2 now.. https://t.co/LEyHsc4PyS
So I just read through the recently released financial disclosure and it shows that Trump made roughly $1.4 billion from his crypto-related businesses last year, with about $635 million of that coming from royalties tied to the $TRUMP meme coin.
Melania’s total reported income for the year was between $17–18 million, with around $6 million of it linked to her own $MELANIA memecoin.
This looks like one of the largest single-family financial windfalls from crypto in a very short period of time.
We had hoped that getting rid of Gary Gensler and ending Operation Chokepoint 2.0 would mean real relief and openness for the crypto space as Trump became President. Instead, it feels like the biggest beneficiary has been the Trump family itself. That’s before even getting into how the markets have reacted to tariffs, shifting trade policies, and other moves that have created a lot of uncertainty.
Trump claimed limited personal involvement in some of these ventures, but given the scale of the numbers, a lot of people are skeptical.
The bigger question for me is this: Why would someone who is already a multi billionaire, with more than enough wealth to last for generations, go this hard into something like meme coins?
I think we can understand why someone like Elon Musk ends up with enormous wealth. The market is essentially voting with its money on the companies he’s built that DO PROVIDE VALUE and the vision investors believe in. With Trump and Melania’s crypto coins however, it’s much harder to see what real value was created for the people who bought in. It mostly looks like a transfer of money based on name recognition and timing rather than building something lasting.