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Yo_Mama_Been_Loggin

(127,734 posts)
Thu Aug 21, 2025, 02:35 PM Thursday

Trump and Melania's Scammy Meme Coins Have Lost Almost All Value

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.

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

BeyondGeography

(40,613 posts)
1. 20x more losses than gains
Thu Aug 21, 2025, 02:42 PM
Thursday

Ask the Internet about Trump meme coin profits and losses:

“Some analysts described it as a pump and dump scheme, and a "disaster". A forensic analysis commissioned by The New York Times concluded that 813,294 wallets lost $2 billion by trading the coin while the president's company and partners profited about $100 million from trading fees.”

Escurumbele

(3,860 posts)
17. They don't care, they made $100 million in trading costs...It is never about the value of whatever he sells, it is
Thu Aug 21, 2025, 04:30 PM
Thursday

always about how the scam people with it. Their profit comes from the scam, not from the value of things, I do believe that by now all involved know that whatever trump touches goes to crap, so they take advantage of the "moment", which is usually its initial launch to a few months, and then they just abandon it because the only passion they have is to scam people, they can walk away with having made $100 millions and just let it die to move to the next scam.

calimary

(87,532 posts)
11. $MELANIA!
Thu Aug 21, 2025, 04:02 PM
Thursday

LOVE this!

Trashy lady. With a trashy husband who both exude a consistently trashy smell.

Johonny

(24,414 posts)
10. I believe they laundered purchases through bitcoin
Thu Aug 21, 2025, 03:51 PM
Thursday

Meaning they made money while their product is essentially worthless.

fujiyamasan

(578 posts)
13. I think the insiders (him and his family) sold right after the initial pump
Thu Aug 21, 2025, 04:15 PM
Thursday

They would then have been able to keep the proceeds in bitcoin, which conveniently worked out because Bitcoin had a nice run up after.

fujiyamasan

(578 posts)
12. No surprise
Thu Aug 21, 2025, 04:11 PM
Thursday

This fits his MO to a T. Another rug pull, aka pump and dump.

It was openly traded on crypto exchanges (I saw it on Coinbase a while ago). I’m not sure why anyone suspected anything other than it being a typical meme coin. Wasn’t there some supporter of his losing several hundred thousand on this?

I’ve seen a few of these over the years. There was that huawktua girl that also launched one of these shitcoins. Did the same thing. Learn from the best!



Hornedfrog2000

(805 posts)
15. It was just another way to launder money
Thu Aug 21, 2025, 04:21 PM
Thursday

Just like their failed casinos were, and the home sale he made to russians for like 2.5x market value in like 2009 was, or whatever.

The guy should be known as Putins banker. He has stolen so much wealth from our country and sent it to russia

Justice matters.

(8,796 posts)
29. I'm sure there's a lot of laundering ill-gotten money...
Thu Aug 21, 2025, 05:24 PM
Thursday

to curry back illegal and unethical favors... follow the money.

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