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Yo_Mama_Been_Loggin

(132,099 posts)
Thu Aug 21, 2025, 01:35 PM Aug 2025

Trump and Melania's Scammy Meme Coins Have Lost Almost All Value [View all]

You may recall that the president has a meme coin, $TRUMP. Days before his second inauguration, the president—who told Fox News in his first term that he was not “a big fan” of cryptocurrencies, which he deemed possibly “fake”—made his own foray into crypto.

The meme coin’s value quickly rocketed to around $75. It dropped shortly thereafter but saw a bump in April when Trump announced “the most EXCLUSIVE INVITATION in the world”: for the top 220 investors in $TRUMP coin to enjoy a private dinner with the president at his Virginia golf club.

Since then, the Trump coin’s value has slumped again, to $9, having sunk 88 percent from its January high.

You may also recall—if you strain your memory further—that the first lady, Melania Trump, is in the meme coin business as well. Her $MELANIA coin has followed a similar trajectory to her husband’s coin, seeing a precipitous, 98 percent decline in value from its $8.50 peak in mid-January.

https://finance.yahoo.com/news/trump-melania-scammy-meme-coins-210940670.html

CYBERCURRENCY IS A SCAM!!!!!!!!!!!!!!!!

Hope that helps.

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20x more losses than gains BeyondGeography Aug 2025 #1
Ain't that a shame..who coulda seen that coming? 🙃 Deuxcents Aug 2025 #2
They don't care, they made $100 million in trading costs...It is never about the value of whatever he sells, it is Escurumbele Aug 2025 #17
What next? Autographed toilet paper? Ping Tung Aug 2025 #3
I would buy a roll but only if his face is printed on it. Dave Bowman Aug 2025 #30
"Ha ha. Meme coin suckers, Ha ha." - Krasnov & Kompanion (r-grifters) BoRaGard Aug 2025 #4
Some are suckers. But the big buyers are paying bribes in plain sight. Bluetus Aug 2025 #24
'$MELANIA"? Oeditpus Rex Aug 2025 #5
Hey Smelania, how'd you get that smell on ya? Qutzupalotl Aug 2025 #9
I think tomato juice might work Bluestocking Aug 2025 #32
$MELANIA! calimary Aug 2025 #11
She is a $trumpet JoseBalow Aug 2025 #16
$exworker johnnyfins Aug 2025 #27
That's a fitting tag for her. oasis Aug 2025 #34
Who could've guessed Dump would pull another scam sakabatou Aug 2025 #6
Not the MAGATs, obviously. Escurumbele Aug 2025 #18
They're the gift that keeps on giving JoseBalow Aug 2025 #35
Not before they moved all their money out. Vinca Aug 2025 #7
man, they SO missed a marketing opportunity: ret5hd Aug 2025 #8
I believe they laundered purchases through bitcoin Johonny Aug 2025 #10
I think the insiders (him and his family) sold right after the initial pump fujiyamasan Aug 2025 #13
No surprise fujiyamasan Aug 2025 #12
Putting Smelania at . . . $0.17? Wow, what a great investment!! hatrack Aug 2025 #14
It was just another way to launder money Hornedfrog2000 Aug 2025 #15
Good.....nt Figarosmom Aug 2025 #19
But Trump makes a cut on every sale, he gets what he wants EdmondDantes_ Aug 2025 #20
corruptocurrency TalenaGor Aug 2025 #21
I have some Beanie Babies for sale ... Seinan Sensei Aug 2025 #22
I should take a poll on how many people are not surprised. ananda Aug 2025 #23
Certainly it was a scam where the Trumps made a lot of money. Irish_Dem Aug 2025 #25
Someday there will be one of each of these in the Smithsonian. Permanut Aug 2025 #26
Right next to a 1923 German Papiermark. nt Wednesdays Aug 2025 #31
Strumpet has a very specific meaning The Blue Flower Aug 2025 #28
I'm sure there's a lot of laundering ill-gotten money... Justice matters. Aug 2025 #29
Better framed as "market finally noticed product has no value". nt eppur_se_muova Aug 2025 #33
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