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Yo_Mama_Been_Loggin

(127,772 posts) Thu Aug 21, 2025, 02:35 PM Aug 21

Trump and Melania's Scammy Meme Coins Have Lost Almost All Value [View all]

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

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Trump and Melania's Scammy Meme Coins Have Lost Almost All Value [View all] Yo_Mama_Been_Loggin Aug 21 OP

20x more losses than gains BeyondGeography Aug 21 #1

Ain't that a shame..who coulda seen that coming? 🙃 Deuxcents Aug 21 #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 Aug 21 #17

What next? Autographed toilet paper? Ping Tung Aug 21 #3

I would buy a roll but only if his face is printed on it. Dave Bowman Aug 21 #30

"Ha ha. Meme coin suckers, Ha ha." - Krasnov & Kompanion (r-grifters) BoRaGard Aug 21 #4

Some are suckers. But the big buyers are paying bribes in plain sight. Bluetus Aug 21 #24

'$MELANIA"? Oeditpus Rex Aug 21 #5

Hey Smelania, how'd you get that smell on ya? Qutzupalotl Aug 21 #9

I think tomato juice might work Bluestocking Aug 21 #32

$MELANIA! calimary Aug 21 #11

She is a $trumpet JoseBalow Aug 21 #16

$exworker johnnyfins Aug 21 #27

That's a fitting tag for her. oasis Friday #34

Who could've guessed Dump would pull another scam sakabatou Aug 21 #6

Not the MAGATs, obviously. Escurumbele Aug 21 #18

They're the gift that keeps on giving JoseBalow Friday #35

Not before they moved all their money out. Vinca Aug 21 #7

man, they SO missed a marketing opportunity: ret5hd Aug 21 #8

I believe they laundered purchases through bitcoin Johonny Aug 21 #10

I think the insiders (him and his family) sold right after the initial pump fujiyamasan Aug 21 #13

No surprise fujiyamasan Aug 21 #12

Putting Smelania at . . . $0.17? Wow, what a great investment!! hatrack Aug 21 #14

It was just another way to launder money Hornedfrog2000 Aug 21 #15

Good.....nt Figarosmom Aug 21 #19

But Trump makes a cut on every sale, he gets what he wants EdmondDantes_ Aug 21 #20

corruptocurrency TalenaGor Aug 21 #21

I have some Beanie Babies for sale ... Seinan Sensei Aug 21 #22

I should take a poll on how many people are not surprised. ananda Aug 21 #23

Certainly it was a scam where the Trumps made a lot of money. Irish_Dem Aug 21 #25

Someday there will be one of each of these in the Smithsonian. Permanut Aug 21 #26

Right next to a 1923 German Papiermark. nt Wednesdays Aug 21 #31

Strumpet has a very specific meaning The Blue Flower Aug 21 #28

I'm sure there's a lot of laundering ill-gotten money... Justice matters. Aug 21 #29

Better framed as "market finally noticed product has no value". nt eppur_se_muova Friday #33