More than 800K have lost $2B on Trump’s meme coin - Lemmy.World

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.