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.

Related Posts

Transform Your Drains: The Simple Baking Soda & Vinegar Hack that Clears Clogs and Fights Odors Naturally

In a world where household maintenance is often overlooked, a simple yet effective method has emerged for homeowners and renters. This easy trick instantly clears stubborn clogs…

Instant Drain Clearing & Odor Elimination with This Simple Household Trick

Clogged drains and bad odors are common household issues. Instead of harsh chemicals or costly repairs, try this simple, eco-friendly solution using household items—baking soda, vinegar, and…

Bride’s Bold Protest: Wedding Halted as Groom Says “No” at the Altar

A wedding that captured social media and local attention took an unexpected turn just moments before the ceremony. Emily, the bride, had spent months preparing with excitement,…

10 Subtle Signs He Truly Likes You

Recognizing the subtle signs that indicate a man’s true feelings can be challenging in human interactions. Whether you’re in early dating stages or trying to understand someone’s…

Snap Cleanup: The Natural Trick to Clear Clogged Drains Instantly

Discover a simple, natural way to clear drains and eliminate odors using household ingredients—baking soda and vinegar. This effective method helps break down minor clogs caused by…

Is He Falling for You? Key Signs to Watch For

In relationships, noticing someone’s feelings can be challenging. Here are common signs he may be falling for you: 1. Prioritizes time with you—makes an effort to be…

Leave a Reply

Your email address will not be published.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