President Trump's foray into cryptocurrency has been marked by significant profits for his team through the $TRUMP meme coin, which has reportedly netted them $100 million in fees. Meanwhile, investors have faced dramatic losses totaling over $2 billion. Recently, the coin was hit by a major unlock challenge, expected to flood the market with new tokens and destabilize its price further. Interestingly, contrary to predictions of a price drop, the $TRUMP coin experienced a slight increase in value, leading to confusion amidst ongoing volatility and speculation surrounding the venture.
Despite a looming disaster as $TRUMP coin faced a major supply increase, the expected price collapse did not occur, leading to a surprise modest gain.
The $TRUMP coin has stripped countless investors of over $2 billion while the creators have profited immensely, earning $100 million in fees off its volatility.
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