"Everybody's profiting" — except the people who bought the coins.
Trump family crypto earnings: $1.4 billion
$TRUMP meme coin: -98.4%
$MELANIA meme coin: -99.5%
This is what happens when celebrity endorsements meet zero-utility tokens. The family cashes out at the top, retail gets crushed at the bottom. Tale as old as markets.
Meme coins aren't investments. They're casino chips with a famous name slapped on. If you bought these thinking they'd hold value, you ignored every warning sign: no use case, no fundamentals, pure hype.
Lesson: when someone with power launches a token and immediately profits in the billions while holders lose everything, that's not innovation. That's a transfer of wealth from the naive to the connected.
Don't chase celebrity coins. Don't buy things you don't understand. And never assume someone else's profit means you'll get yours.
Trump family crypto earnings: $1.4 billion
$TRUMP meme coin: -98.4%
$MELANIA meme coin: -99.5%
This is what happens when celebrity endorsements meet zero-utility tokens. The family cashes out at the top, retail gets crushed at the bottom. Tale as old as markets.
Meme coins aren't investments. They're casino chips with a famous name slapped on. If you bought these thinking they'd hold value, you ignored every warning sign: no use case, no fundamentals, pure hype.
Lesson: when someone with power launches a token and immediately profits in the billions while holders lose everything, that's not innovation. That's a transfer of wealth from the naive to the connected.
Don't chase celebrity coins. Don't buy things you don't understand. And never assume someone else's profit means you'll get yours.