The price of $Trump has dropped to around $17, resulting in cumulative losses of $2 billion for several investors.

Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.

Trump’s $TRUMP meme coin launch has led to 700+ fake copycat tokens, insider trading suspicions, and ethical concerns.

D onald Trump’s launch of a new cryptocurrency called $Trump just days before his inauguration caused a frenzy in the crypto market. Some early traders made huge profits, with o

Trump’s meme coin, $TRUMP, and Melania Trump’s coin, $MELANIA, plunged as the news agitated markets worldwide, according to Axios. $TRUMP — unveiled days before his inauguration — saw its value drop by 18% just over the last day. It's now down to $17.50 per token, compared to a peak of $72.62 the day before his swearing-in.

More than 813,000 crypto wallets have lost a total of $2 billion after buying President Donald Trump’s memecoin, according to an assessment by Chainanalysis commissioned by the New York Times. Meanwhile,

The cryptocurrency token President Trump launched days before his inauguration made a lot of money for a few dozen early investors, but hundreds of thousands of others lost money on the $Trump memecoin.