Who even buys meme coins, seriously? It’s not like you can even buy stuff with them, right?
I’ve heard multiple stories of people spending stupid money on goldplated Trump $1000 bills and trying to deposit them in a bank.
Total disaster for the bag holders, not for those who pump and dumped
Yep,the scam worked exactly as planned. If only they were half as competent at governing as they are at scamming their cult members.
It served its purpose of allowing Trump to openly accept bribes.
Whether the Trump family was directly involved in a rug pull, it made gangbusters business, raking in over $100 million in trading fees in just two weeks post-launch.
This was the point of the TrumpCoin scam, not its price. However the coin’s value does reflect on the worthlessness of Trump’s name.
Note: you can’t sell without permission so anyone that sold did so with explicit permission knowing that the price would tank.
MAGAts: Welp, this blew up in my face. But thank god my deposit for the Trump Phone is secured. Can’t wait to get it and support freedom! —- wait, you mean we still don’t have a release date and no one is answering our phone calls? What do you mean it has specs from 2018?
no one is answering our phone calls?
Because they don’t have the phones yet! ;-)
Trump supporter checking in on his $TRUMP investment:
But at least the Trump phone will be okay, right?
Wasn’t this exactly by design? Get lots of supporters to buy in, get the price to surge, and then sell at a profit (the good old ‘pump and dump’)?
Basically a way for foreign actors to make bribes.
Yeah, this is just news for the absolutely 100% idiotic people who purchased then.
I cannot stress enough how profoundly stupid these people were. How completely and utterly hopelessly dumb they are.
It’s literally how these things work. No one gets rich off meme coins except the people selling at the start.
