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CNN Reports $TRUMP Coin Value Drops 98% as 740k Lose Money
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spaghettiwestern sh.itjust.works spaghettiwestern@sh.itjust.works
Joined: 2023-06-15
Quote

“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.”

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The Real King Gordon lemmy.world KingGordon@lemmy.world
Joined: 2023-06-17
#2 · Quote Reply

[removed by moderator]
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adarza lemmy.ca adarza@lemmy.ca
Joined: 2024-05-29
#3 · (edited) Quote Reply

a loss of about $32,700. He does not blame the Trump family.

wtf.

Galatians 6:7-8.

reap what you sow, morons.

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voxthefox lemmy.blahaj.zone voxthefox@lemmy.blahaj.zone
Joined: 2025-05-05
#4 · Quote Reply

Considee the rug pulled

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jasoman lemmy.world jasoman@lemmy.world
Joined: 2025-03-07
#5 · Quote Reply

[removed by moderator]

It was mostly used as bribes they did not expect it back.

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Rhynoplaz lemmy.world Rhynoplaz@lemmy.world
Joined: 2023-07-07
#6 · Quote Reply

How can you lose your savings and thank the man who took it from you?

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Tanis Nikana lemmy.world tanisnikana@lemmy.world
Joined: 2023-07-19
#7 · Quote Reply

I am Jack's complete lack of surprise.

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Clent lemmy.dbzer0.com Clent@lemmy.dbzer0.com
Joined: 2024-12-13
#8 · Quote Reply

It's recovering any day now

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reluctant_squidd lemmy.ca reluctant_squidd@lemmy.ca
Joined: 2024-09-01
#9 · Quote Reply

a loss of about $32,700. He does not blame the Trump family. wtf. Galatians 6:7-8. reap what you sow, morons.
[deleted]
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radiofreebc lemmy.world radiofreebc@lemmy.world
Joined: 2023-06-29
#10 · Quote Reply

Time to average down, haha.

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EntheoNaut lemmy.ml EntheoNaut@lemmy.ml
Joined: 2025-10-22
#11 · Quote Reply

How can you lose your savings and thank the man who took it from you?

Cult's a helluva drug

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jtrek startrek.website jtrek@startrek.website
Joined: 2026-02-22
#12 · Quote Reply

[deleted]

They're all so stupid it's frustrating.

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America sh.itjust.works Gullible@sh.itjust.works
Joined: 2023-08-09
#13 · Quote Reply

It’s funny to live in such wild times that horrific fraud feels like a rerun.

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aramis87 fedia.io aramis87@fedia.io
Joined: 2024-03-07
#14 · Quote Reply

It was mostly used as bribes they did not expect it back.

Iirc, most classes were prohibited from selling for two years after it debuted, giving the protected classes plenty of time to fleece the sheep.

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WhoIzDisIz lemmy.today WhoIzDisIz@lemmy.today
Joined: 2026-04-27
#15 · Quote Reply

It's recovering any day now

Hey - is only s loss of you decide to cash in, right? It's got nowhere to go but up, eh?

🤡

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socsa piefed.social socsa@piefed.social
Joined: 2024-08-20
#16 · Quote Reply

Sucks to suck

5
minorkeys sh.itjust.works minorkeys@sh.itjust.works
Joined: 2026-04-22
#17 · Quote Reply

a loss of about $32,700. He does not blame the Trump family. wtf. Galatians 6:7-8. reap what you sow, morons.

Not blaming Trump is the brainwashing that lets him get away with everything.

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ExoticCherryPigeon piefed.social StealthLizardDrop@piefed.social
Joined: 2026-03-08
#18 · Quote Reply

ahahahahaha who could have known? ( ͡° ͜ʖ ͡° )

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spaghettiwestern sh.itjust.works spaghettiwestern@sh.itjust.works
Joined: 2023-06-15
#19 · Quote Reply

"she now thinks it was just a pump-and-dump scheme."

Ya think?

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Pope-King Joe lemmy.world popekingjoe@lemmy.world
Joined: 2023-07-01
#20 · Quote Reply

These people are in a cult.

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belunos lemmus.org belunos@lemmus.org
Joined: 2026-05-02
#21 · Quote Reply

I've lost the ability to feel sympathy for folks that lose money on meme coins, no matter where they come from.

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nickiwest lemmy.world nickiwest@lemmy.world
Joined: 2024-01-01
#22 · Quote Reply

These people are in a cult.

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support.

I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

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Hikermick lemmy.world Hikermick@lemmy.world
Joined: 2023-06-23
#23 · Quote Reply

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support. I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

It's been a cult for long before Trump came along, it was a cult looking for a leader. I googled "how to break people free from a cult" back in 2011. What i got out of it was you have to let people figure it out themselves. Confronting them makes them dig in deeper. Best thing to do is not make them fear an "I told you so" moment. We all have our pride

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Hikermick lemmy.world Hikermick@lemmy.world
Joined: 2023-06-23
#24 · Quote Reply

Who could have foreseen the man that ran a scam University and a scam Non-profit could be running a scam Crypto?

20
adarza lemmy.ca adarza@lemmy.ca
Joined: 2024-05-29
#25 · Quote Reply

Cult's a helluva drug

it's hate. they hate the same groups of humans.

13
bagsy lemmy.world bagsy@lemmy.world
Joined: 2025-09-18
#26 · Quote Reply

I've been in a lot of cults. You make more money as a leader, but you have more fun as a follower.

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𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍 lemmy.world Witchfire@lemmy.world
Joined: 2023-10-07
#27 · Quote Reply

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support. I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

Education. Why do you think fascists hate it

47
krashmo lemmy.world krashmo@lemmy.world
Joined: 2023-07-03
#28 · Quote Reply

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support. I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

They're not going to leave the Republican party. They don't have specific beliefs or values diving their political expression. They embraced what it meant to be a Republican before Trump just as they embrace it now, even though those are two disparate worldviews. They will do the same after he is gone with whatever the GOP says is their unchanging views at that time.

10
saltesc lemmy.world saltesc@lemmy.world
Joined: 2023-07-01
#29 · Quote Reply

These people are in a cult.

I think they're just stupid and rely on being told what to do rather than figuring out what to do. Trump wouldn't be the only thing in their lives taking full advantage of that.

5
guyoverthere123 lemmy.dbzer0.com guyoverthere123@lemmy.dbzer0.com
Joined: 2024-07-31
#30 · (edited) Quote Reply

Good. Fuck those dopes.

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FiniteBanjo feddit.online FiniteBanjo@feddit.online
Joined: 2025-12-23
#31 · Quote Reply

Not blaming Trump is the brainwashing that lets him get away with everything.

When I find that asshole who jinxed it when they unironically said "he can't keep getting away with these things" I am going to brutalize them.

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finallymadeanaccount lemmy.world finallymadeanaccount@lemmy.world
Joined: 2025-12-31
#32 · Quote Reply

Ha Ha

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BeBopALouie lemmy.ca Bebopalouie@lemmy.ca
Joined: 2025-03-10
#33 · Quote Reply

Whoever bought those coins IMO deserves everything they get. Mind you in this case it’s less.

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blargh513 sh.itjust.works blargh513@sh.itjust.works
Joined: 2025-06-07
#34 · Quote Reply

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errer lemmy.world errer@lemmy.world
Joined: 2023-06-15
#35 · Quote Reply

Suffer.

7
adarza lemmy.ca adarza@lemmy.ca
Joined: 2024-05-29
#36 · Quote Reply

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support. I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

they will latch-on to whoever spews the same lies and hate the loudest.

13
RampantParanoia2365 lemmy.world RampantParanoia2365@lemmy.world
Joined: 2023-10-02
#37 · Quote Reply

I put $40 into Star Citizen years ago, and I expect never to see any sort of return at all.

5
Thebeardedsinglemalt lemmy.world Thebeardedsinglemalt@lemmy.world
Joined: 2024-07-17
#38 · (edited) Quote Reply

They bought the hats, which turned out to be cheap trash

They bought the gold shoes, which turned out to be junk

The bought the knife which was gas station knife quality

They bought the phone which turned out to be cheap and outdated

They bought the crypto which turned out to be a scam

But those gold and silver coins will be...those will be worth the investment

/S

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Thebeardedsinglemalt lemmy.world Thebeardedsinglemalt@lemmy.world
Joined: 2024-07-17
#39 · Quote Reply

Considee the rug pulled

Press X for doubt

2
hark lemmy.world hark@lemmy.world
Joined: 2023-06-17
#40 · Quote Reply

Classic trump and dump.

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SaharaMaleikuhm feddit.org SaharaMaleikuhm@feddit.org
Joined: 2024-07-23
#41 · Quote Reply

So you are saying it is a great time to invest?

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zbyte64 awful.systems zbyte64@awful.systems
Joined: 2024-04-06
#42 · Quote Reply

So you are saying it is a great time to invest?

You could probably talk the same people who lost 98% of their "investment" to buy the dip

11
kreskin lemmy.world kreskin@lemmy.world
Joined: 2024-11-03
#43 · Quote Reply

I love that he pump and dumped his own supporters. He screwed them on the trump phones too. I think they should keep giving trump their money so they can become penniless and experience Trumps attack on social services and food aid. Chefs kiss.

8
WanderWisley lemmy.world WanderWisley@lemmy.world
Joined: 2025-06-30
#44 · Quote Reply

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Captain_Patchy lemmy.world Captain_Patchy@lemmy.world
Joined: 2023-07-01
#45 · Quote Reply

Anyone stupid enough to buy this memecoin thinking that anyone but trump would make money on it is suffering from the real trump derangement syndrome.

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athatet lemmy.zip athatet@lemmy.zip
Joined: 2025-09-12
#46 · Quote Reply

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support. I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

Just to be extra clear, for me, it is, in fact, a specific wish.

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nullspace lemmy.world nullspace@lemmy.world
Joined: 2026-06-05
#47 · Quote Reply

Didn't it already pump and dump when it was released?

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Wispy2891 lemmy.world Wispy2891@lemmy.world
Joined: 2023-07-13
#48 · Quote Reply

If Trump was putting his name behind it, it must be a legitimate investment

😂 😂 😂 😂 😂

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Captain_Patchy lemmy.world Captain_Patchy@lemmy.world
Joined: 2023-07-01
#49 · Quote Reply

I am Jack's complete lack of surprise.

I thought that I was the only one that remembered jack and his numerous parts.

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VonReposti feddit.dk VonReposti@feddit.dk
Joined: 2023-06-12
#50 · Quote Reply

I put $40 into Star Citizen years ago, and I expect never to see any sort of return at all.

I put €200 into it. Sold my package a year later for €400. Great investment!

2
blitzen lemmy.ca blitzen@lemmy.ca
Joined: 2023-06-10
#51 · Quote Reply

How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support. I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

to be clear, that's an inevitability, not a specific wish

Why not? I'm actively rooting for it.

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