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
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#BTC #ETH #XRP #GT
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