“If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.
“This is a woman who spoke to Reuters,” Bash said. “She put $2,000 of her savings into the $TRUMP meme at the end of May. Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme. The second investor, Matt, a 45-year-old machinist in Indiana, put $40,000 into $TRUMP family tokens … Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”
Just another meme coin person. She gave an interview with that channel 5 guy. She mentioned that nobody could really do anything with the coin because it was frozen and either that was illegal or what was occuring while it was frozen.
A speculation only market and these meme coins seem bunk from the word go.
Yeah, but there are at least ones that a lucky person could time, and sell around the same time as the people who are orchestrating the scam, and make a lot of money.
In this case, I’m pretty sure they couldn’t even do that.