Trump’s Meme Coin Immediately Crashes After Melania’s Cryptocurrency Launch

[John Drake]

Sleaziest sob ever to be in government. Never underestimate Trump's ability to engage in creepy, greedy, unethical self-enriching schemes. Not even president yet, and he's already starting with the scams. I've said all along he would be so incompetent in government and betray his base so badly that there will be a Democrat landslide in 2026 and 2028. Now, we have Trump and Elon pushing H1Bs, Trump going kissy-kissy with Xi on the phone, Trump and Elon desperately trying to go around the law and save the Chinese government's social media, which most in the US government say is spyware. Now, he's out selling sh*tcoins, pumping and dumping. I've seen more respectable Carnival acts. 

 

Quote

Incoming first lady Melania Trump has joined her husband in the crypto game, launching her own “meme coin” over the weekend.

But just hours after the new digital currency went live Sunday, her husband’s suffered a precipitous crash of more than 40%, according to Forbes—leading many to connect Melania’s new project to the decline of her husband’s. https://finance.yahoo.com/news/trump-meme-coin-immediately-crashes-011445964.html

 

 

[Briggsy]

You don't have to look hard to spot Trump the grifter. From the serial bankruptcies to Trump University to Trump steaks to Trump Coin.

 

He knows the truth behind the line, "Just move on to the next sucker, there's plenty out there."

 

America, you have been fooled and it will be painful. You will be paying for it for decades.

[John Drake]

Just now, Briggsy said:

You don't have to look hard to spot Trump the grifter. From the serial bankruptcies to Trump University to Trump steaks to Trump Coin.

 

He knows the truth behind the line, "Just move on to the next sucker, there's plenty out there."

 

America, you have been fooled and it will be painful. You will be paying for it for decades.

 

Presidents should be focused on reducing grocery and house prices, making preparations to prevent industrial and infrastructure sabotage. They shouldn't be spending time scamming people out of their money for his trash coins.

[SunnyinBangrak]

Here we go again. Same old mendacity. Claim - Truth social is going bust. Reality. Its market cap is over $8 BILLION. claim ' twitter is dying , reality - its the worlds most used media platform.

 

Now Trumps crypto coin is crashing. Lets have a quick look on coinmarketcap

 

24 hour performance UP 65%

7 day performance UP 815%

 

Its an absolute rocket, if your investment goes up that much it is a great investment. More Art of the Deal in action. LOL at wildly false and emotional lefty economic claims.

[herfiehandbag]

39 minutes ago, SunnyinBangrak said:

Here we go again. Same old mendacity. Claim - Truth social is going bust. Reality. Its market cap is over $8 BILLION. claim ' twitter is dying , reality - its the worlds most used media platform.

 

Now Trumps crypto coin is crashing. Lets have a quick look on coinmarketcap

 

24 hour performance UP 65%

7 day performance UP 815%

 

Its an absolute rocket, if your investment goes up that much it is a great investment. More Art of the Deal in action. LOL at wildly false and emotional lefty economic claims.

Indeed, I am surprised that he hasn't yet extolled the virtues of buying "Trump tulip bulbs"!

[Neeranam]

This could be great for the space.

Depends what he says today,

Could be BTC in US reserve, or even Trump coin. 

Might be negative when Congress see he's got a meme, but generally great for the crypto world, as well as being great for the USA in many regards. 

I bought Doge the minute I realized Musk was in the DOGE. 

[Will B Good]

1 hour ago, John Drake said:

 

Presidents should be focused on reducing grocery and house prices, making preparations to prevent industrial and infrastructure sabotage. They shouldn't be spending time scamming people out of their money for his trash coins.

 

.......and stopping immigrants from eating fur babies.

[John Drake]

1 hour ago, SunnyinBangrak said:

Here we go again. Same old mendacity. Claim - Truth social is going bust. Reality. Its market cap is over $8 BILLION. claim ' twitter is dying , reality - its the worlds most used media platform.

 

Now Trumps crypto coin is crashing. Lets have a quick look on coinmarketcap

 

24 hour performance UP 65%

7 day performance UP 815%

 

Its an absolute rocket, if your investment goes up that much it is a great investment. More Art of the Deal in action. LOL at wildly false and emotional lefty economic claims.

 

Trump is trying to avoid claiming it's an investment. He's trying to sell it as more like a souvenir, because it's a scam as an investment. Read the sixth paragraph down in the link to the article:

 

Quote

As explained on the coin’s official website, Trump’s meme coins are “intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP’ and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”

 

[Celsius]

The coin did not crash, so that is a lie.

 

That being said I don't like the way he pumps crypto. I also think a lot of his policies will backfire on his mug. If I was a yank I would have voted for him, but he is not a savior that many wearing MAGA hats want to believe.

[John Drake]

7 minutes ago, Celsius said:

The coin did not crash, so that is a lie.

 

That being said I don't like the way he pumps crypto. I also think a lot of his policies will backfire on his mug. If I was a yank I would have voted for him, but he is not a savior that many wearing MAGA hats want to believe.

 

 

This is the very definition of a ponzi scheme:

Quote

Like her husband President-elect Donald Trump’s meme coin, $TRUMP, Melania’s coin is a type of cryptocurrency that obtains value as more people invest.

 

[Celsius]

1 minute ago, John Drake said:

 

 

This is the very definition of a ponzi scheme:

 

 

Bitcoin is a ponzi too and it didn't crash

[spidermike007]

People tend to forget the past so fast so just in case here's a reminder. 

 

17 of his businesses have failed in the past few  decades. Some at huge losses. Trump Steaks, Trump Shuttle Airline ($120 million in losses between 1988 and 1990), GoTrump, Trump Vodka, Trump Mortgage, Trump University, Trump Ice, The New Jersey Generals, Tour de Trump, Trump Network, Trump Magazine, Trumped!. Many businesses that licensed his name went bankrupt, or went out of business. And he had between four and six major bankruptcies (depending on the source), including the Trump Taj Mahal (which he spent $1.2 billion building, and was $3 billion in debt within a year of opening), Trump's Castle, Trump Place Hotel (which was very successful prior to Trump buying it in 1988, and he managed to put it into $550 million in debt by 1992!), Trump Hotels and Casinos Resorts ($1.8 billion in debt by 2004, bankrupt in 2009) , and Trump Entertainment Resorts. There are likely others. And this does not take into account the 3,600 lawsuits he was involved in as of the time he took office, the vast majority of which were filed by small contractors against his companies for non payment, or total default. Many of these contractors were crushed. It is part of his M.O. 

 

Promises made but never kept:

Every voter needs to be reminded of Trump's promises last time he was running:

 

There is very little that comes out of Donald's mouth that is the truth.....

 

He promised to cut the deficit. He added $8T.

He promised to build a wall. He only did 458 miles out of 2,000. Most of it was repair or replacement, not new.

He promised to make Mexico pay. They didn't. We did.

He promised to unveil a new healthcare plan. It didn't exist.

He promised a middle-class tax cut. He cut taxes for the rich. The middle class is paying for it.

He said he wouldn't play golf as President. He made 250 visits (way more than Obama) to his own golf clubs. It cost taxpayers $150 million.

He said he'd increase economic growth by 4%. Nope. Biden did.

He promised an infrastructure plan. He had none. President Biden signed a massive one.

He promised to hire "the best people." He fired 3/4 of them and then said they were the worst ever, and they said HE was in fact the worst ever.

He promised to bring down the price of prescription drugs. He didn't: Biden did.

He promised a Hillary lock-up. Nope

Promised we'd win the trade war with China. Nope, It cost about 250,000 jobs and hurt Americans, not help them.

He promised his corporate tax cuts would help and benefit Workers, and corporations would use that money to invest in American workers. They didn't, they used that money to buy back stocks.

He promised to revive the coal industry. Never happened: more coal jobs were lost during his presidency.

[John Drake]

Just now, Celsius said:

 

Bitcoin is a ponzi too and it didn't crash

 

Bitcoin does offer itself on the market as an investment, while, as I quoted above, the Trump coins use a disclaimer that argues they are little more than Beanie Babies. The last person holding the bag is wiped out.

[OneMoreFarang]

I don't care how many people will lose money with that.

Because no DEM supported would buy such crap.

When MAGA fanboys crash, who cares? 

[OneMoreFarang]

4 minutes ago, spidermike007 said:

People tend to forget the past so fast so just in case here's a reminder. 

 

17 of his businesses have failed in the past few  decades. Some at huge losses. Trump Steaks, Trump Shuttle Airline ($120 million in losses between 1988 and 1990), GoTrump, Trump Vodka, Trump Mortgage, Trump University, Trump Ice, The New Jersey Generals, Tour de Trump, Trump Network, Trump Magazine, Trumped!. Many businesses that licensed his name went bankrupt, or went out of business. And he had between four and six major bankruptcies (depending on the source), including the Trump Taj Mahal (which he spent $1.2 billion building, and was $3 billion in debt within a year of opening), Trump's Castle, Trump Place Hotel (which was very successful prior to Trump buying it in 1988, and he managed to put it into $550 million in debt by 1992!), Trump Hotels and Casinos Resorts ($1.8 billion in debt by 2004, bankrupt in 2009) , and Trump Entertainment Resorts. There are likely others. And this does not take into account the 3,600 lawsuits he was involved in as of the time he took office, the vast majority of which were filed by small contractors against his companies for non payment, or total default. Many of these contractors were crushed. It is part of his M.O. 

 

Promises made but never kept:

Every voter needs to be reminded of Trump's promises last time he was running:

 

There is very little that comes out of Donald's mouth that is the truth.....

 

He promised to cut the deficit. He added $8T.

He promised to build a wall. He only did 458 miles out of 2,000. Most of it was repair or replacement, not new.

He promised to make Mexico pay. They didn't. We did.

He promised to unveil a new healthcare plan. It didn't exist.

He promised a middle-class tax cut. He cut taxes for the rich. The middle class is paying for it.

He said he wouldn't play golf as President. He made 250 visits (way more than Obama) to his own golf clubs. It cost taxpayers $150 million.

He said he'd increase economic growth by 4%. Nope. Biden did.

He promised an infrastructure plan. He had none. President Biden signed a massive one.

He promised to hire "the best people." He fired 3/4 of them and then said they were the worst ever, and they said HE was in fact the worst ever.

He promised to bring down the price of prescription drugs. He didn't: Biden did.

He promised a Hillary lock-up. Nope

Promised we'd win the trade war with China. Nope, It cost about 250,000 jobs and hurt Americans, not help them.

He promised his corporate tax cuts would help and benefit Workers, and corporations would use that money to invest in American workers. They didn't, they used that money to buy back stocks.

He promised to revive the coal industry. Never happened: more coal jobs were lost during his presidency.

 

But his MAGA fans don't want to hear these little details. He is their hero, he is perfect, they want him.

That is the problem. How can you convince stupid ignorant idiots when they don't want to know the truth?

[SunnyinBangrak]

22 minutes ago, spidermike007 said:

People tend to forget the past so fast so just in case here's a reminder. 

 

17 of his businesses have failed in the past few  decades. Some at huge losses. Trump Steaks, Trump Shuttle Airline ($120 million in losses between 1988 and 1990), GoTrump, Trump Vodka, Trump Mortgage, Trump University, Trump Ice, The New Jersey Generals, Tour de Trump, Trump Network, Trump Magazine, Trumped!. Many businesses that licensed his name went bankrupt, or went out of business. And he had between four and six major bankruptcies (depending on the source), including the Trump Taj Mahal (which he spent $1.2 billion building, and was $3 billion in debt within a year of opening), Trump's Castle, Trump Place Hotel (which was very successful prior to Trump buying it in 1988, and he managed to put it into $550 million in debt by 1992!), Trump Hotels and Casinos Resorts ($1.8 billion in debt by 2004, bankrupt in 2009) , and Trump Entertainment Resorts. There are likely others. And this does not take into account the 3,600 lawsuits he was involved in as of the time he took office, the vast majority of which were filed by small contractors against his companies for non payment, or total default. Many of these contractors were crushed. It is part of his M.O. 

 

Promises made but never kept:

Every voter needs to be reminded of Trump's promises last time he was running:

 

There is very little that comes out of Donald's mouth that is the truth.....

 

He promised to cut the deficit. He added $8T.

He promised to build a wall. He only did 458 miles out of 2,000. Most of it was repair or replacement, not new.

He promised to make Mexico pay. They didn't. We did.

He promised to unveil a new healthcare plan. It didn't exist.

He promised a middle-class tax cut. He cut taxes for the rich. The middle class is paying for it.

He said he wouldn't play golf as President. He made 250 visits (way more than Obama) to his own golf clubs. It cost taxpayers $150 million.

He said he'd increase economic growth by 4%. Nope. Biden did.

He promised an infrastructure plan. He had none. President Biden signed a massive one.

He promised to hire "the best people." He fired 3/4 of them and then said they were the worst ever, and they said HE was in fact the worst ever.

He promised to bring down the price of prescription drugs. He didn't: Biden did.

He promised a Hillary lock-up. Nope

Promised we'd win the trade war with China. Nope, It cost about 250,000 jobs and hurt Americans, not help them.

He promised his corporate tax cuts would help and benefit Workers, and corporations would use that money to invest in American workers. They didn't, they used that money to buy back stocks.

He promised to revive the coal industry. Never happened: more coal jobs were lost during his presidency.

Another amazing list of misleading claims, taking his words out of context and outright lies. Whereever you copied this garbage from, please don't keep doing it. It is absolutely ridiculous. You guys lost, it's over. Its time for hope and positivity not this whole mean girls routine.

[scottiejohn]

2 hours ago, OneMoreFarang said:

How can you convince stupid ignorant idiots when they don't want to know the truth?

You cannot!