Donald Trump’s launch of a new cryptocurrency called $ Trump a few days before its inauguration caused a frenzy on the cryptography market. Some first traders made huge benefits, a portfolio obtaining nearly 6 million tokens and distributing with a two -day profit of up to $ 109 million. However, many slower investors have undergone losses totaling more than $ 2 billion when the price crashed.
Everything you have seen so far is just a little overview of what is to come.
Same will go to billions of billions.
– Murad 💹🧲 (@muststopmurad) February 8, 2025
Despite the losses, the The Trump family and their partners collected almost $ 100 million in negotiation costs. The price of $ Trump has since oscillated about a quarter of its cutting -edge value of $ 75.
During each crypto cycle
The holders of the “best” coins of the “best” category surpass all traders
Best category this cycle = same
Holders of the best guy will surpass all players, traders and rotators.
– Murad 💹🧲 (@muststopmurad) February 8, 2025
The structure of opaque ownership and substantial negotiation costs have raised concerns among ethical experts concerning conflicts of potential interests, given the influential position of Trump and the public public.
Critics argue that Trump’s promotion of the medal and the benefits collected by its affiliates could pose ethical problems.
(, Senior Fellow at Brookings Institution & Economics Professor in Cornell Univ, said that by launching his own play, Trump had “opened valves in deception and ralaise speculation”)
(Trump’s coin triggers more than 700 copies that pretend to be official) https://t.co/nx32l21t76
– Norio nakatsuji (@norionakatsuji) February 8, 2025
Trump’s cryptocurrency stretches ethical concerns
Parts of memes like $ Trump are a type of digital asset based on viral online memes.
Trump on DOGE obtaining personal information from Americans, including social security numbers and bank numbers: “They get it very easily. We have no very good security in our country.” pic.twitter.com/lacwq6yqoe
– Aaron Rapar (@atrupar) February 7, 2025
They differ from the cryptocurrencies established like Bitcoin, because most coins are tokens operating on existing blockchains and requiring little technical development. The main objective of the pieces even is speculation, users hoping to make rapid benefits. However, most People lose money On coins because of their volatility and their sensitivity to “same corners and dump” patterns. The biggest main objective
Despite the risks, the pieces even exploded in the past year, motivated by factors such as the launch of pieces of creation of even friendly parts and the election of convivial Trump. While coins have their foundations in cryptocurrencies, they have moved away from the original vision of the use of cryptocurrency as a real alternative to traditional finance. Instead, they have become a high -risk form of play, institutional investors making billions while ordinary people lose money.