The Never-ending Grift
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Trump launches stable coin called USD1
https://finance.yahoo.com/news/trumps-world-liberty-financial-crypto-134723917.html
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I think the world is ready for the TNCR bit coin!!
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@jon-nyc said in The Never-ending Grift:
A Melania NFT.
https://decrypt.co/313866/melania-solana-meme-coin-dumps-bubblemaps
Big names and bigger dumps. Blockchain analytics firm Bubblemaps reported Monday that more than $30 million worth of Melania Meme (MELANIA), a meme coin linked to U.S. First Lady Melania Trump, have been moved and “quietly sold.”
On-chain analysis revealed the Solana-based tokens were taken from community funds, and neither the project team nor “launch strategist” Hayden Davis has yet offered any explanation for the movement of the assets.
In total, 50 million MELANIA tokens were funneled to wallet “Cq2Tj6,” then split across multiple addresses.
and
Davis, who previously admitted to launching both MELANIA and LIBRA, has been linked to a broader pattern of pump and dump style meme coins.
With team wallets controlling 92% of the MELANIA supply, retail investors are left exposed.
The MELANIA token, launched in January after Trump’s inauguration as President, briefly surged past $12 before crashing, mirroring the trajectory of the U.S. President’s own Official Trump (TRUMP) meme coin, which peaked above $72 before suffering a similar collapse.
MELANIA now trades at $0.5488, a massive 95.4% drop from its launch-day high. TRUMP, meanwhile, sits at $7.82, marking an 89.1% decline from its peak
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The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.
The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the "most EXCLUSIVE INVITATION in the world."
According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.
The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the "crypto president".
As well as the gala dinner, which will be held at the Trump National Golf Club in Washington DC, there will be "an ultra-exclusive private VIP reception with the President" for the top 25 coin holders, the coin's website said.
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The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.
The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the "most EXCLUSIVE INVITATION in the world."
According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.
The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the "crypto president".
As well as the gala dinner, which will be held at the Trump National Golf Club in Washington DC, there will be "an ultra-exclusive private VIP reception with the President" for the top 25 coin holders, the coin's website said.
@taiwan_girl said in The Never-ending Grift:
The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.
