Summary
Donald Trump’s cryptocurrency, $Trump, has led to $2 billion in investor losses.
Launched three days before his inauguration, the meme coin initially surged from $0.18 to $75, allowing early traders to profit massively.
However, its value has since plummeted to $17, leaving over 810,000 crypto wallets at a loss.
Meanwhile, Trump and his family have earned over $100 million in trading fees.
Technically it’s not really an investment in his business, it’s more like buying a collectable with limited supply. But yes, it’s still dumb to buy this coin lol