Crypto investors lost money on Trump Digital Gold
13 posts across 2 communities in the last 60 days; 92% from r/CryptoCurrency.
“If you fall for this, you deserve it. If you fell for Trump, you deserved it. If you fell for any famous person's meme coin, especially divisive famous people, you deserve it. Why does this still work? Scratch that, better question: in a world where this still works, why do we…”
“I think it will hold up under Trump. not sure if a democrat wave will change things, but legislation moves slow so at least 2 years imo .”
“The source is the volume. Check binance volume, of their "dollar" "stable" coin.”
Multiple posts discuss the collapse of 'Trump Digital Gold,' with users expressing disappointment, anger, and suspicion of a rug pull. Some speculate about ulterior motives or connections to other scandals.
SOURCES (33)
“I think it will hold up under Trump. not sure if a democrat wave will change things, but legislation moves slow so at least 2 years imo .”
“The source is the volume. Check binance volume, of their "dollar" "stable" coin.”
“If you fall for this, you deserve it. If you fell for Trump, you deserved it. If you fell for any famous person's meme coin, especially divisive famous people, you deserve it. Why does this still work? Scratch that, better question: in a world where this still works, why do we still pretend universal enfranchisement is a good idea?”
“they are gambling and everyone thinks they have the best bot and will profit.”
“Holy shit you retards defending this have 0 idea about anything. Crazy. This shit launched on aerodrome with $2m in liquidity and at 300b mcap, while insiders (hunters paid substack subscribers) got to claim and dump their tokens for 100k+ each. You can just check the fucking chain instead of defending this shit with no idea what you're talking about.”
“They probably took his money in one of the Trump rug pulls, he’s just so delusional he’s still justifying their shit.”
“$330k wiping out 98% of a token just means the liquidity pool was basically empty to begin with.”
“Apparently you don't learn, why imply people are dumb when you don't even understand the basics. Just because it was a rug pull/crash doesn't mean the people buying in or lost weren't aware. I would bet a large majority knew it wouldn't go up forever, they were just trying to get in and out. It is a risk/gambling that people willingly do. No one is going into trump coin or trump gold or whatever as their first crypto, not knowing about rug pulls Lots of people made and make m”
“They stole 330k? His Trump memecoin makes more than that daily on lp fees alone. No way did they do this lmao.”
“https://preview.redd.it/xbadh3bs5nmh1.jpeg?width=978&format=pjpg&auto=webp&s=832606b1fdd5efa800adf92317d4f85d1e02506e”
“Nah he was right- you just consume mainstream American media without the ability to think critically and regurgitate that nonsense”
“How you can still think that Trump is great is truly beyond comprehension. First term, fair. But now this demented narcissistic pos grifter is destroying your country and you think it’s good?”
“Yeah cuz trump didn't have a silver spoon upbringing? Kool aid drinking maga dumbass. Don't you have a date with your sister? Now let the grownups talk.”
“Yeah anyone who’d buy into anything Trump related atp deserves their returns”
“Usually 51% or higher. Facebook and iPhones are roughly as old as crypto, and achieved mass adoption in a couple of years. When Bitcoin is as ubiquitous as they were it will be there too”
“Sorry what? I said the article states there is no evidence he made the coin or had anything to do with it. Can you repeat the question your honor?”
“I'll agree to the stipulation that it's gambling, but so is day trading? So is "investing" in the stock market, you can listen to all the experts, read all the numbers, have it down to 99.9999% something will happen and go your way, but there's always the small (majority of the time large) chance that investment goes against you. Pretending otherwises is just playing logical symantics and just classist”