A devastating new report has exposed a massive loss for investors who bought into Donald Trump’s $TRUMP cryptocurrency — a coin that skyrocketed on hype and then crashed hard, wiping out billions in value and raising serious ethical questions.
🚨 Quick Breakdown:
💸 Coin launched at $0.18, surged to $75, and then crashed to ~$16
📉 Over 810,000 wallets are now underwater
💀 Estimated $2 billion in investor losses
🤔 One wallet bought ~$1.1 million in $TRUMP tokens just 2 minutes after Trump’s announcement — and cashed out for $109 million profit within 48 hours
💼 Trump and allies allegedly profited $100M+ from trading fees alone
This all unfolded just three days before Trump’s inauguration, when he posted on Truth Social urging his followers to join the "Trump Community" and “GET YOUR $T$TRUMP W.” Many did. And many are now paying the price.
But here’s where it gets even more disturbing:
🔍 Chainalysis, a crypto forensics firm, revealed that the timing and movement of the initial trades suggest possible insider trading — potentially by Trump himself or a close ally. The wallet that profited millions acted within minutes of the coin’s public announcement.
And while everyday supporters got burned, Trump’s family and inner circle raked in massive earnings — not just through price action, but also via trading fees built into the ecosystem. All while Trump maintains influence over regulators who are supposed to protect investors from exactly this kind of exploitation.
“The president is participating in shady crypto schemes that harm investors while appointing regulators who may insulate him from accountability,” said Corey Frayer, former crypto advisor to the SEC.
💬 What do YOU think?
Is this the biggest crypto grift of the decade?
Should the DOJ or SEC step in?
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