🚨🚨 Everyone will go short after Democrats said they would investigate Trump and his family!!
😭 The meme coin linked to U.S. President Donald Trump, $TRUMP, fell by more than 20%, from $1.58 to $1.26, as Democratic lawmakers prepared to launch investigations into Trump and his family’s crypto investments and ventures after winning control of Congress.
According to Bloomberg, the investigations will cover the financial and business ties between the Trump family and the cryptocurrency sector, particularly the World Liberty Financial project, as well as other investments that earned the family more than $1.4 billion over the year—surpassing returns from its traditional real estate and resort businesses.
The decline also spread to Trump-linked assets, with shares of Nasdaq-listed Trump Media & Technology Group dropping about 11% to a record low near $5, compared with their all-time high of $101.
😎 In your opinion, should Trump and his family be investigated? I say yes—strongly and thoroughly.