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Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin

Nearly one million investors have lost a combined $3.8 billion on a Trump-themed cryptocurrency coin.

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201370Jul 9 21:29Jul 11 12:29 UTC

The story so far

Investors in a Trump crypto coin have experienced total losses of $3.8 billion, affecting nearly a million people. While most buyers are currently sitting on losses, reports indicate Trump has revealed $635 million in meme coin earnings.

Coverage from The New York Times, Yahoo, and Newsweek focuses on the scale of investor losses and the current value of specific investments. Other reports from KuCoin and openPR.com highlight political scrutiny and price predictions as assets like AlphaPepe move toward public price discovery.

Future developments involve ongoing political scrutiny of the coins and further price discovery processes. Peter Schiff has characterized the meme coins as legal bribes.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 46d ago.

Coverage (19)

The obvious questions

How much did investors lose on the Trump crypto coin?

Nearly a million investors lost a total of $3.8 billion.

How much did Trump earn from meme coins?

According to KuCoin, Trump revealed $635 million in meme coin earnings.

How has Peter Schiff described these coins?

Peter Schiff has branded Trump meme coins as legal bribes.

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