Nearly 1M investors lost $3.8B on $TRUMP memecoin
JUST POSTED: An updated tally is in, and the count of Trump followers turned financial losers is even bigger than first thought. Much bigger. 988,905 buyers of $TRUMP memecoin have lost a total of $3.81 billion. www.nytimes.com/2026/07/04/u...
This sales pitch from Donald Trump sent out three days before he was sworn in to his second term has ended up being disastrously bad financial advice for most of the buyers. Only a small set of traders who moved fast to buy the coin, then quickly dumped it made $$. Almost everyone else lost bigly
I feel like the real story is that this is a way to legally bribe Trump. The big buyers don’t care if they “lose” money because its just a way to give Trump millions legally in exchange for pardons, dropping investigations, etc. They don’t expect it to make money as an investment.
This pig commits literal fraud on his own supporters and they not only continue to worship him but also blame Democrats for getting scammed.
They totally deserve that and then some. I don't feel sorry for them at all.
That’s almost $4,000 each, on average. Of course, this conflates the multi-million dollar bribe “buyers” with the redcapped cultists who dumped their cash into daddy’s pockets.
Cults are pricey. Join a club…pay the dues.
Caveat Emptor MAGA: My goodness they are really from the shallow end of the gene pool
Amazing. The world's most famous rug puller has pulled another rug.
What do you say if you bought $Trump meme coin you lose your voting rights. Seems fair.
The man of the people
We were on the street protesting CORRUPTION of billions and MAGA, driving by, gave us the finger and called us faggots. They will never learn. Dumb as a rock (with a B). Still trying to print out their NFTs. $3.8 BILLION DUMB
Which is what pretty much everyone with at least one functioning brain cell said would happen
No, the AMERICAN TAXPAYER LOST because these “investors” gonna write their losses off on their income tax capital gains with the profit going to the Trump family. A grift
Are we getting close to the mass suicide part of being in a cult?
Nearly one million people who bought Trump's memecoin have lost money through the end of June. Their losses total $3.81 billion. Trump walked away with a $636 million payout on the same crypto bet.
MAGA grifters. Honestly I don’t care how much money the people in his cult lose.
If you buy crap from a known fraudster, I just can’t feel sorry for you.
Same with his bankruptcies- people lost their jobs, their investments, while he walked away with millions.
Fools and their money ...
From Frank Figliuzzi hosts The Frank Figliuzzi Show on Lincoln Square. Thank Pam Bondi.
Everything thing that they buy from the trumps is worthless. So, of course, they lost money.
In fully-formed, mature democracies (for example, late-1990s Albania), this sort of mass elite grift at the expense of the people has led to revolt and government overthrow. But the American republic is yet young, so we must make allowances I suppose.
In case people don't understand it: crypto coins have no intrinsic value. Every dollar extracted as "winnings" ultimately comes from other actors losing. If you track the flow of cash dollars, the money flows from less informed people to higher information people.
Unfuckingreal. Republicans were screaming to impeach Joe Biden over his son’s $10K truck loan.
He shouldn’t be allowed to get away with this shameless grift In a just world, he would be prosecuted That said, it serves his idiot stans right They willingly are fleeced by Dear Leader and beg for more abuse F ‘em
Didn’t see that coming. Jk
Can someone run a survey experiment to figure out how many billions Trump needs to steal from his supporters and the American taxpayers before his approval rating drops below 39 percent?
GO DIRECTLY TO JAIL 👉
Honestly it's kind of hilarious that $3.8 billion in bagholders only resulted in $600 million for Trump! He's incompetent even at grifting.
Maggots probably don't even know they've lost money. Trump's told them it's a boon into their 401Ks! Maybe they should check on that...
No man has done more to boost Democrats than our wacko criminal President.
THE COMMIES ARE COMING FOR YOUR GUNS AND BIBLES!!! Vote to keep the corrupt Republican oligarchy in power enriching themselves at your expense - they will protect you from the bad commies who are EVERYWHERE plotting! BUY TRUMP CRYPTO & A TRUMP BIBLE NOW AND GET SAVED!!!
Let’s make America Mamdani proud 🇺🇸
At the heart of what Republicans are calling progressive, socialism, marxism, communism, etc. is the desire of many Democrats to shift the pendulum back to policies that benefit everyday Americans
They’ve moved on from immigrants are the biggest threat, Antifa is the biggest threat, Democrats are the biggest threat…. maybe this one will stick.
🤣🤣🤣🤣Amazing how GOP sees those who fight for the rights of average Americans in a demented way. They have no policies nor ideas to support us so they fear monger. Unfortunately we have idiots who will believe this BS.
Amen to that buckaroo! YEEEEEEEEHAAAAAAAA.
That will work on some, shockingly.
“lost $33K on a stupid Trump memecoin scheme and blames Democrats for it” I think we did it team, I think we found Peak MAGA Guy
We need more diner safaris to find out how Democrats can win these voters.
Oh, you KNOW he blames everyone who tried to warn him.
There can be no better illustration of the epistemological divide between red and blue Americans than the statement: "If Trump put his name on it, it must be a legitimate investment."
If anyone is thinking of investing in Trumpcoin, I can promise you a better return by giving me 10% of your money. I'll tell you not to buy Trumpcoin.
Living embodiment of stick in the bicycle wheel spokes dot jpeg
These people vote. It's insane they don't go out with their pants on their heads.
Trump uses the pardon power to normalize fraud and corruption. He wants us to believe that if everyone is corrupt, then who cares if he is corrupt, too. It’s just politics. It doesn’t have to be this way. www.yahoo.com/news/politic...
He insists that they were convicted for "fixing their own cars". He lives in his own reality and an entire political party joins him there.
Corruption is a core issue, an easily seen and understood issue and everyone knows its smell.
He thinks what he does is normal, he's a flawed person, more so than most people, and thinks it's not corrupt.
Worse, I believe, is that Trump *rewards* fraud, corruption, and crime.
I can hear the “both sides” argument already. Is there corruption- yes, but he has taken it to an extreme level that harms the nation in exponential terms. My anger is at those that say it is no big deal, and that it is crazy libs saying it is so bad.
He learned to do this by watching Dems look forward without punishing those who have wronged this nation.
Trump profits. Supporters lose. Says it all. Happy 250th America! www.nytimes.com/2026/07/04/u...
And most are happy about losing money to him and his family.
Hurry! Buy your Trump-branded "I was ripped off by the Trumps" t-shirt. Just $74 99! All proceeds go to charity!
Trump doesn't care because his supporters are already blaming Biden and Obama for their losses.
But. But. Stock market is a record high!! Also the price of dog and cat meat in Ohio …
It's much more likely to be high-end corruption, not low-end memecoin speculation. You need to watch for the intentional, barely disguised wealth transfers, not Jonny MAGA losing twenty bucks on his favorite digital trading cards.
According to his recent financial disclosures (& assuming past is prologue), it would take Trump less than a day to replenish the $5.8M he owes E. Jean Carroll for the verdict that's now final. (He took in at least $2.2B in 2025, so more than $6M per day.)
He can’t replenish his pride that fast.
O.26% of his 2025 earnings. If you made $70k in 2025, that would equate to $184.55
He can never take “no” as an answer from anyone else but himself. He doesn’t want to pay her because this case humiliated him (narcissistic injury) and he believes that it doesn’t merit a settlement and the judge is wrong.
Also, the money’s already been paid and is in escrow.
Makes me ill that CR00K pocketed 6 million a day since his reinstallment.
While Trump amassed an eye-popping $636 million from the cryptocurrency, known as a memecoin, many of his followers who heeded his call to purchase the coin came out losers. www.nytimes.com/2026/07/01/u...
Well, that’s the silver lining to all of this.
To be fair, his followers were already losers.
While Trump amassed an eye-popping $636 million from the cryptocurrency, known as a memecoin, many of his followers who heeded his call to purchase the coin came out losers!
They went in as losers.
Dear Mr. President, Please go do interior design on some failed casino and leave the running of our Healthcare, Diplomacy, Military, Race Relations, and Economy to someone who lacks your superb interior design skill set. Signed, We The People
Who knew it was that easy to fleece people.
BREAKING: To commemorate America’s 250th birthday, the U.S. Treasury Department and the Trump administration have rolled out new designs featuring President Donald Trump's signature on newly printed U.S. paper currency.
It’s still usable if you blackout his signature with a sharpie
Never thought I would ask the teller for a different bill, but I can see it happening now
Just HOW illegal is it to burn or deface US currency? Asking for 70% of the population.
Finally, that disappointed parent look on Ben’s face makes perfect sense.
I really hope no one writes Epstein next to the signature. People should follow the laws.
and it is no wonder everyone now views a franklin signed by 86-47 as counterfeit.