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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsInvestors lose it after Trump's memecoin worth plummets: 'It's a scam'
Gee! Ya THINK??? "Lose it" is right.
SUCKEEEEERS!
Investors lose it after Trump's memecoin worth plummets: 'It's a scam' - Rawstory
Donald Trumps dabbling in crypto financial instruments is leaving a bad taste in the mouths of investors who bet on (Trump's) enthusiasm, only to have their pockets emptied.
According to a report from Politico, the $TRUMP memecoin has crashed 95 percent from its January 2025 peak, leaving retail investors devastated, while Trump, his family and other insiders have cashed in to the tune of approximately $320 million.
"Nobody likes it.... People are losing on the coin, and they are vocal. They are the people on Twitter like, 'F--- this coin' or 'It's a scam.' And they're right, basically."
Trump's other business ventures are also collapsing. Shares in Trump Media & Technology Group, the Truth Social parent company, have crumbled 75 percent since Trump's inauguration, Politico is reporting before adding that former GOP Rep. Devin Nunes (CA) being replaced as CEO this week. Meanwhile, Justin Sun, a once-major backer of World Liberty Financial a crypto company with ties to the Trump family sued the company Tuesday.
According to a report from Politico, the $TRUMP memecoin has crashed 95 percent from its January 2025 peak, leaving retail investors devastated, while Trump, his family and other insiders have cashed in to the tune of approximately $320 million.
"Nobody likes it.... People are losing on the coin, and they are vocal. They are the people on Twitter like, 'F--- this coin' or 'It's a scam.' And they're right, basically."
Trump's other business ventures are also collapsing. Shares in Trump Media & Technology Group, the Truth Social parent company, have crumbled 75 percent since Trump's inauguration, Politico is reporting before adding that former GOP Rep. Devin Nunes (CA) being replaced as CEO this week. Meanwhile, Justin Sun, a once-major backer of World Liberty Financial a crypto company with ties to the Trump family sued the company Tuesday.
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Investors lose it after Trump's memecoin worth plummets: 'It's a scam' (Original Post)
B.See
Thursday
OP
It's like I've just found out that there is gambling going on in this establishment
AZJonnie
Thursday
#5
Donald Trump is a well known con artist. People that invest in his cons get what they deserve.
RedWhiteBlueIsRacist
Thursday
#9
surfered
(13,892 posts)1. Excuse me as I wipe a tear from my eye...sniff.
MustLoveBeagles
(16,953 posts)8. Lol
PJMcK
(25,077 posts)2. To anyone who invests in a Trump venture
Heres an important adage.
A fool and his money are easily separated.
Suckers.
Ocelot II
(130,943 posts)3. Well, duh.
struggle4progress
(126,516 posts)4. No one could have predicted that! Am I right?
I mean, why would anyone have ever suspected a Trump business?
AZJonnie
(3,854 posts)5. It's like I've just found out that there is gambling going on in this establishment
SHOCKED, I tell you!
Also
SheltieLover
(81,356 posts)7. Htf do people get this stupid?
RedWhiteBlueIsRacist
(2,120 posts)9. Donald Trump is a well known con artist. People that invest in his cons get what they deserve.
tanyev
(49,452 posts)10. We tried to tell you.

dweller
(28,536 posts)11. W O M P
womp
cry harder dumbasses
✌🏻
2naSalit
(103,568 posts)12. FInally!
That took two years longer than it should have.