Sun Yuchen's 20 million dollars went down the drain, Trump's dinner became a "scallion harvesting ground"
Crypto tycoon Sun Yuchen faced a Waterloo:
Spent 1.43 million dollars on Trump coins to attend a crypto dinner
Trump spoke for only 5 minutes before leaving
Zero communication throughout, reduced to the "most expensive backdrop"
Investment loss record:
Trump coin plummeted from 80 dollars to 14 dollars
Paper loss exceeded 80%
Actual loss may reach 20 million dollars
Market observation:
This exorbitantly priced dinner exposed the high-risk nature of political tokens
Investors need to be wary of celebrity endorsement traps
Sun Yuchen may be forced to cut losses and exit