Jul 1, 2026 7:01 PM
The $TRUMP meme coin wiped out $2.3 billion in retail wealth with a 97.7% crash, yet it generated over $1.2 billion for Donald Trump himself. While a $1,000 investment shriveled to just $22, crypto—not real estate—is now Trump’s primary income stream. It’s a massive wealth transfer: millions of supporters lost nearly everything while the man they backed cashed in on an asset with zero utility. Was this a brilliant business move or a predatory cash grab? What’s your take?
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