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0 pointsuuuuuuurrrrr1mo ago0 comments

All of that pain for nothing. The Trump administration's signature policy achievements involve the DJT ticker and actual meme coins. I hope no republican sits in the oval office for 50 years, they're all responsible for enabling this madness and self-destruction.

0 comments

pawelduda1mo ago

Memecoins especially are so funny it's worth putting out some numbers:

- $TRUMP meme coin, down 87% from ATH

- $MELANIA meme coin, down 98% from ATH

- $WLFI, down 50% from ATH, with 4 Trump co-founders

The first two coins were actually hyped up so hard at launch that they drained liquidity from most of the crypto market because of people dumping everything to buy in

sjsdaiuasgdia1mo ago

None of these were intended to be long term investments for anyone.

They exist as a way for money to be given to the Trump family in an legally obfuscated way. Most of that happens/happened right after launch.

pawelduda1mo ago

Not disagreeing that wasn't the case, but none of these were advertised as such, they were all listed by top exchanges as any other speculative crypto asset

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0 pointsuuuuuuurrrrr1mo ago0 comments

0 comments

pawelduda1mo ago

Memecoins especially are so funny it's worth putting out some numbers:

- $TRUMP meme coin, down 87% from ATH

- $MELANIA meme coin, down 98% from ATH

- $WLFI, down 50% from ATH, with 4 Trump co-founders

The first two coins were actually hyped up so hard at launch that they drained liquidity from most of the crypto market because of people dumping everything to buy in

sjsdaiuasgdia1mo ago

None of these were intended to be long term investments for anyone.

They exist as a way for money to be given to the Trump family in an legally obfuscated way. Most of that happens/happened right after launch.

pawelduda1mo ago

Not disagreeing that wasn't the case, but none of these were advertised as such, they were all listed by top exchanges as any other speculative crypto asset

1 more reply

j / k navigate · click thread line to collapse