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#TRMP Eric Trump Coin rises by 6,200%.. New scam on the Solana network?
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Eric Trump Coin rises by 6,200%.. New scam on the Solana network?
Author
Sultan Al-Shammari
Published 18/05/2025, 20:54
Eric Trump Coin rises by 6,200%.. New scam on the Solana network?
© Reuters The price of Eric Trump Coin rises by 6,200%; is it the next rug pull on the Solana blockchain?
DX
-0.60%
TSLA
-2.85%
Bitcoin US Dollar
0.26%
Solana US Dollar
9.53%
Official Melania Meme US Dollar
0.00%
OFFICIAL TRUMP US Dollar
-1.92%
Cryptonews - As Eric Trump (ERIC TRUMP) becomes the most famous coin in the world of meme coins, the significance of this story lies not in the collapse of this particular coin, but in how prominent political names are exploited to combine speculation in cryptocurrencies with political tribalism, where blind loyalty to public figures is turned into a self-destructive financial weapon.
Key Points:
Owning only ten crypto wallets holds more than 80% of the supply of Eric Trump Coin (ERIC TRUMP) indicating a significant risk of insider manipulation.
The wallet behind this coin has previously launched several failed coins inspired by Eric Trump.