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Bribery certainly breeds corruption plus.
Official Trump Crypto $Trump
- Thread starter Garpal Gumnut
- Start date
Bribery certainly breeds corruption plus.
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@Garpal Gumnut hummmmmm Now $Trump is worth what and $GG is um err perhaps nah can't work it out!!!
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Found my original $Trump coin from 2020
I bought it because Trumps grift with the evangelicals was hilarious
Now that he is pumping my crypto bags, I guess I am now the grifter
I bought it because Trumps grift with the evangelicals was hilarious
Now that he is pumping my crypto bags, I guess I am now the grifter
Knobby22
Mmmmmm 2nd breakfast
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Probably a great investment!
Did you check it wasn't chocolate?
Knobby22
Mmmmmm 2nd breakfast
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Never give a sucker an even break - PT Barnum
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.
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.
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@Knobby22 A sucker/fool will soon be parted from their hard earned.
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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.
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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.
Dona Ferentes
Pengurus pengatur
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what took you so long?
.
from da media
.
.... the risks associated with investing in meme coins, given their valuation is based on no underlying quality other than popularity, ... means their fall is often just as swift as the rise.
Meme coins are, in essence, an unregulated fad.
Fresh in the memory of traders is Donald Trump’s token, which quickly soared to $US73 per coin within 40 hours but has since collapsed 77 per cent to $US17.08. Melania Trump’s coin, which was launched just days later, also surged to $US13.05 but has since crashed 90 per cent to $US1.28.
The boom in meme coins since Donald Trump was elected in November is highlighted by the activity on the Solana blockchain, a network that has become popular for developers due to its low fees and fast transaction fees.
Solana’s decentralised exchange volumes have exceeded those of mainstream rival ethereum in every month since October, and were 200 per cent higher than ether in January, according to Binance Australia. That was fuelled by the launch of more than 37 million new tokens during the month.
But since the Milei scandal was brought to light a week ago, the Solana cryptocurrency – the sixth-largest token – has sunk 15 per cent.
It comes as Binance warns that the rapid growth in tokens this year has fragmented capital, making it harder for coins to sustain prices and achieve high valuations.
“The influx of new tokens fuels speculation, reduces attention spans and discourages long-term holding,” the firm said.
.
what took you? So long!!
.
from da media
.
.... the risks associated with investing in meme coins, given their valuation is based on no underlying quality other than popularity, ... means their fall is often just as swift as the rise.
Meme coins are, in essence, an unregulated fad.
Fresh in the memory of traders is Donald Trump’s token, which quickly soared to $US73 per coin within 40 hours but has since collapsed 77 per cent to $US17.08. Melania Trump’s coin, which was launched just days later, also surged to $US13.05 but has since crashed 90 per cent to $US1.28.
The boom in meme coins since Donald Trump was elected in November is highlighted by the activity on the Solana blockchain, a network that has become popular for developers due to its low fees and fast transaction fees.
Solana’s decentralised exchange volumes have exceeded those of mainstream rival ethereum in every month since October, and were 200 per cent higher than ether in January, according to Binance Australia. That was fuelled by the launch of more than 37 million new tokens during the month.
But since the Milei scandal was brought to light a week ago, the Solana cryptocurrency – the sixth-largest token – has sunk 15 per cent.
It comes as Binance warns that the rapid growth in tokens this year has fragmented capital, making it harder for coins to sustain prices and achieve high valuations.
“The influx of new tokens fuels speculation, reduces attention spans and discourages long-term holding,” the firm said.
.
what took you? So long!!
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