Millions of people were ruined because of a coin of Donald Trump, billions of rupees were lost
$TRUMP meme coin started at $7 per coin. Soon its price increased to $73, which was its all-time high. However, after this it registered a continuous decline.
When started Trump’s Meme coin
$TRUMP meme coin started at $7 per coin. Soon its price increased to $73, which was its all-time high. However, after this it registered a continuous decline.
When started Trump’s Meme coin
The $TRUMP meme coin started at $7 per coin. Soon its price rose to $73, which was its all-time high. However, after this it recorded a continuous decline.
Trump’s Meme coin current price
Currently, its price was $26 at 4 pm on Saturday. If an investor had bought it at its high level, he would have suffered a loss of about 65 percent. Since its launch, it has only gained 300 percent, which could be a slight relief for early investors.
What is Trump’s meme coin?
$TRUMP is a meme-based cryptocurrency built on the Solana blockchain. It was announced by Trump through his social media platforms Truth Social and X (formerly Twitter). This meme coin is inspired by his slogan ‘Fight, Fight, Fight’ and was launched with 200 million coins.
The Purpose of Trump’s Meme coin
The purpose of a meme coin is usually entertainment and humor. However, the launch of $TRUMP made it a great investment option. The initial boom attracted investors, but its current falling price has dashed their hopes.
Lessons for investors
This incident has taught an important lesson to those investing in cryptocurrencies. Meme coins have high potential risks and their prices are very volatile. Investors should be cautious before investing in any cryptocurrency and make decisions based on correct information.
Disclaimer: (The information provided here is for information purposes only. It is important to note here that investing in the market is subject to market risks. Always seek expert advice before investing as an investor. TP News.com never recommends anyone to invest money here.)