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According to the New York Times, the official Trump meme coin has resulted in $2bn losses for investors while benefiting insiders:

🟠The Trump family and various partners have collected nearly $100m in trading fees, with most of it still unclaimed

🟠Trump launched the coin just three days before taking office, raising concerns that it was a priority for his presidency

🟠Data from Nansen, Chainalysis, and researcher Molly White revealed that at least one account purchased $1.1m in TRUMP just three hours before its official launch

#gate.io
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ETH0,32%
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