"Students for Trump" Chair Dumps TIKTOK Token, Crashes Price by 98% 🚨

Controversial "Students for Trump" chairman Ryan Fournier is under fire again. This time, he’s accused of dumping 50% of the TIKTOK meme token supply and cashing out $700,000, causing a massive market crash. 📉💸

The Official TIKTOK COIN (TIKTOK) was created to celebrate TikTok’s unblocking in the US. A user on Pump Fun, going by the name Asta, minted the coin and gifted half the supply to Fournier. But after a rapid price surge, Fournier sold his holdings, crashing the token’s value by 98%. His reasoning? Vague and questionable. 🤔

This isn’t Fournier’s first scandal. He previously faced criticism for a similar situation with the meme token Restore the Republic (RTR).

Meme coins keep trending, but who’s next to fall victim to these pump-and-dump schemes? 🚀💥