Trump supporters lose $12 billion as meme coin crashes

The launch of meme coins tied to Donald Trump, including his $TRUMP coin, has resulted in significant financial losses. The $TRUMP coin dropped 80% in value since its January 17 debut, falling from a peak of $73.43 to just $11.27, erasing over $12 billion in value. Similarly, Melania Trump’s $MELANIA coin lost much of its worth, with a $10,000 investment now worth only $652. Recent drops in Bitcoin and the broader crypto market have added to concerns. California Rep. Sam Liccardo has proposed the MEME Act to prevent White House officials and their families from endorsing digital assets, citing potential corruption and conflicts of interest. As interest in Trump-related meme coins continues to decline, these concerns may become more pressing.

 

 

B

Related Posts

Skin Irritation Around the Private Part: Causes, Symptoms, and What to Do

  Skin irritation around the private area is common but often misunderstood or ignored due to embarrassment. It can be caused by sweat, friction from tight clothing,…

SomePictures That Need A Second

Have you ever seen a picture that you had to look at twice (or perhaps multiple times) to understand what you’re looking at? You know the kind…

Stay frosty, but keep it fiery.

Stay frosty, but keep it fiery.

26 pictures that need a second..

Some amazing “trick” photos can be produced by combining ideal lighting with the right location at the right moment! A man in a nice swimsuit

26 Pictures That Need A Second

Our eyes may lie to us more often than we think. Optical illusions are seen in everyday life. Viral Strange will list some pictures that really need…

Blake Shelton and Gwen Stefani’s Baby Announcement Will

The announcement that fans had been anticipating for years—that country music superstar Blake Shelton and pop icon Gwen Stefani had welcomed their first child together—shocked the entertainment…

Leave a Reply

Your email address will not be published. Required fields are marked *