Investors Lose Nearly $2 Billion in Trump Meme Coin, While Creators Pocket $100 Million

In a shocking turn of events, hundreds of thousands of investors in the Trump-themed meme coin have collectively lost nearly $2 billion in just a few weeks, according to a recent report by *Fortune*. Meanwhile, the cryptocurrency's creators have reportedly profited around $100 million, raising serious questions about the risks and ethics surrounding meme coins and speculative crypto investments.

The Trump meme coin, which gained traction as a novelty cryptocurrency tied to the former U.S. president's brand, saw a meteoric rise in value earlier this year. Fueled by social media hype, celebrity endorsements, and the broader meme coin craze, the token attracted a flood of retail investors hoping to capitalize on its viral appeal. However, the coin's value has since plummeted, leaving many investors with significant losses.

According to *Fortune*, the creators of the Trump meme coin cashed out approximately $100 million in fees and profits during the token's peak, while the majority of investors were left holding the bag. This stark disparity has sparked outrage and renewed scrutiny over the lack of regulation in the cryptocurrency market, particularly for meme coins that often lack intrinsic value or utility.

The situation highlights the dangers of speculative investing in highly volatile assets. Meme coins, which are often created as jokes or internet trends, can experience extreme price swings based on hype and social media sentiment. While some early investors may profit, the vast majority of participants are left vulnerable to sudden crashes and manipulation.

The Trump meme coin debacle also underscores the need for greater transparency and accountability in the crypto space. Critics argue that the creators of such tokens have a moral responsibility to protect investors, especially when their projects gain widespread attention and attract inexperienced traders.