Nearly 1M Investors Suffer Combined $3.81B Loss in Trump-Themed Tokens by End of June

TRUMP2.42%
WLFI0.73%
According to The New York Times, nearly 1 million investors collectively lost $3.81 billion in Trump-themed tokens by the end of June. Crypto analysis firm Nansen found the underlying token mechanism allows Trump to profit from both price increases and declines through trading fee distributions. The tokens, promoted via his Truth Social platform, include TRUMP and WLFI, both of which have experienced significant price declines since launch.
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