If you've ever wondered what the perfect memecoin scheme looks like, but with class, in a suit and with the US flag in the background π¦ β we have the answer:
π Trump family memecoins.
Short version?
πΊ Trump shouts "victory"
π₯ people are buying like crazy
π the token is doing a classic "to the basement"
π° and the family and stock exchanges... are counting their money
And everyone agrees: "It's the market, after all." π€‘
According to an analysis by Chainalysis (commissioned by the NYT and later cited by Fortune, among others):
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Over 813,000 wallets bought $TRUMP and
β lost a total of ~$2 billion.
Yes, you read that right: $2,000,000,000 has vanished. π¨π
This is the moment when every "crypto veteran" says:
"You shouldn't have bought at the peak."
...and every normal person responds:
"Then why was it released at all?" π
Coindesk reported that:
πΈ Entities affiliated with the Trumps earned approximately $320 million in fees related to the token,
, even though the price has fallen by approximately 87% since its launch.
So... even when investors were drowning, the money kept flowing π
Earlier (in the first few weeks), Fortune reported that even then, the fees for related entities amounted to approximately $100 million.
Here's the best number:
Reuters calculated that:
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10 exchanges (including Binance, Coinbase, OKX, etc.)
earned at least $172 million in commissions from trading $TRUMP alone. πΈπΈπΈ
It's not even "investing." It's fleecing people, but in 4K. ππΊ
The $TRUMP and $MELANIA trade shot up so high that...
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Solana validators earned over $25 million in fees and tips,
because everyone wanted to "get in first" (i.e., buy at the peak) π€π
So even though you lost, at least you paid for someone else to live in luxury for a week π₯οΈπΎ
The mechanics are ingeniously simple:
And yes, technically...
π You don't have to steal from anyone,
π Just create a token,
π And then watch people buy it because "Trump" and "it might go up 100 times" π
It's like a casino, only with a worse bar.
π 813,000 wallets lost
π ~$2 billion after purchasing $TRUMP
π° Trump-linked companies: ~$320 million in fees
π¦ exchanges: ~$172 million in commissions
βοΈ Solana validators: ~$25 million in fees and tips
π’ If a memecoin has Trump, Melania, or any other celebrity in its name...
remember:
π You buy a dream
π They sell liquidity
π The stock exchange sells commission
π And blockchain sells a fee per click
And then everyone takes a photo on the yacht π€πΈ
and you're left with a token that not even your grandmother would buy. π΅π
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