Australian (ASX) Stock Market Forum

Official Trump Crypto $Trump

@basilio Vitalik agrees with you that political coins are the perfect vehicle for bribery.

I still believe this is such a roundabout way to bribe someone that there will be no net new grift, at worst, it’s just a different type of grift.

As I said above and Vitalik explains, the only way for an individual or group to influence Trump via $Trump is to buy it on the open market, pumping the price for Trump to sell into.

Great news for anyone who truly believes Trump is corrupt, you can now profit from his corruption by holding $Trump. Let me know if anyone needs help setting up a Solana wallet haha


Bribery certainly breeds corruption plus.
 
Never give a sucker an even break - PT Barnum

Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small traders lost money - Reuters​


NEW YORK, Feb 3 - Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.
At least fifty of the largest investors in the coin have made profits in excess of $10 million each on the $Trump coin, according to Chainalysis. At the same time, some 200,000 crypto wallets, most with small holdings, lost money on $Trump on the exchange, it said.

 
Never give a sucker an even break - PT Barnum

Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small traders lost money - Reuters​


NEW YORK, Feb 3 - Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.
At least fifty of the largest investors in the coin have made profits in excess of $10 million each on the $Trump coin, according to Chainalysis. At the same time, some 200,000 crypto wallets, most with small holdings, lost money on $Trump on the exchange, it said.

@Knobby22 A sucker/fool will soon be parted from their hard earned.
 
Never give a sucker an even break - PT Barnum

Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small traders lost money - Reuters​


NEW YORK, Feb 3 - Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.
At least fifty of the largest investors in the coin have made profits in excess of $10 million each on the $Trump coin, according to Chainalysis. At the same time, some 200,000 crypto wallets, most with small holdings, lost money on $Trump on the exchange, it said.

What a surprise . How could anyone imagine that the Trump owned company that kicked off his latest, greatest scam would pick up a cool $100m just being the broker ? ;)

And again what a "surprise" that the big boys in the launch made out like bandits and creamed the small punters. :roflmao:

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The next Trump investment deal will be the new Riviera of the Middle East. He is just cleaning it at the moment but this will be a monument to his genius. :cautious:
 
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