What Do You Think about TRUMP (Trumps' Own Meme Coin) ?

Trump launches his own meme coin (crypto).

It is here
https://dexscreener.com/solana/a8nphpcjqtqhdquk35uj9hy2ysgxf…

What do you guys think about that? This is so wild.

Comments

  • Probably worth about tree fiddy

  • +1

    Jump on now before it explodes *

    *doesn’t necessarily mean explode, upwards
    *not financial advice

    • +6

      "explodes *"
      Might be
      “a rapid unscheduled disassembly.”
      .

    • +1

      Linguo is dead

  • +8

    just another scam

    get his rooooobz to buy into it, then pull the wool from underneath them, theyre to stupid to see that

    • +5

      They're dazzled by the gold sneakers and the soooper special watch.

      • +6

        dont forget the trump bible, for all those devoted christians out there who need the US constitution and bill of rights within their religious text

        They clearly can't read, the first amendment and the christian bible dont really mix very well together

  • +3

    rug pulllllllllll

    • +4

      No no, it’s natural hair. Like his tan ;)

      (I know, different kinda rug)

  • You're too late and doesn't matter how high it goes if you're unable to sell.

  • +5

    This is so wild.

    On track to make Idiocracy look like a good alternative.
    Grifting a meme coin a day out from inauguration was definitely not on my bingo card.

    • +3

      "Camacho was actually a very good president. He didn’t ignore, downplay, or blame the opposition for the crop crisis. He found the smartest guy in the world to solve it, listened to the expert, took brave action in the face of corporate opposition, and gave full credit to whom it was due. "

    • Three days actually, not one. Regardless, I wholeheartedly agree.

  • -5

    Even though I'm a fan of his, this is 101% an obvious rug pull scam, and I'm not sure who could think otherwise.

    • +3

      I'm a fan of his

      I suspect you are unaware of all the other (non-crypto) rugs.

      • +2

        everything he has for sale is a rug…..its just a function of how long until the rug is fully pulled out

      • Not sure, but i made life changing amounts of money last time he was in office, so its funny seeing others cry about all the good he did for the economy back then and will likely continue to do.

        • He didn't do good for the economy, he did good for the stock market. They are not the same thing.

    • +2

      There is absolutely nothing to like about that cancer of a "man", and certainly not any of his new scams concocted by his team. One thing is for sure, when Elon goes to pump it up on X nobody is going to care or listen to that loser anymore, his ship has sailed.

      • -2

        The thing i like is how i made $300k+ during covid due to the US stock market being pumped. And its quite likely to happen again. So you can be as woke as you want while i look at all the assets i now own. And only one of us will be crying.

  • +9

    Adding this to my Hawk Tauh coins to diversify my crypto portfolio.

    • +6

      I'm within spitting distance of making money on Hawk Tuah.

  • So many rugs, not enough time.

  • +1

    Welcome to crypto. You either 10x your money or lose it all! Hope you like gambling, because there's nothing of actual worth you're buying.

  • +5

    Makes sense. Involves his 3 favourite words
    Me + me + coin.

    • me + me + taking the "i love the poorly educated" peoples money

  • +1

    Imagine if people had this much passion about Australian politics…

    Just more fodder for the Leopards Ate My Face subreddit…

    • +7

      I'm glad we don't have this much 'passion' for politics over here. Keep the American mania over there. We don't need it.

      • +2

        I reckon aussies have just the right amount of political passion

        not full on dgaf, but not staunch cult like behaviour. when an election comes around people care for a couple months, then we go back to saying both sides are a bunch of useless c**nts and get on with life

    • +1

      best sub reddit ever

  • It will inevitably crash and burn, losing money for almost all participants.

    A lucky few will get out with a fortune and boast about it on Youtube. Whether the coin is rugpulled or collapses naturally is still to be seen.

  • +4

    Glad to see the worlds biggest grifter is not gonna give up his title that easily

  • I think Biden should be President again. And Hilary should have been President, she would have been perfect, she would have done all the stuff you'd expect a U.S. President to do.

    • +2

      like be presidential and not a;

      racist, sexist, bigot, attention seeker, blow hole, spiteful, vengeful, grifter, liar, divider, inciter and nepotist?

      I agree, the next 4 years will be "fun"

  • +2

    Just the latest in his long line of things to fleece money from the ignorant and devoted

  • +6

    Crypto has helped a hell of a lot of people become extremely wealthy. This doesn't negate the fact that it is 100% a scam. It has also bankrupted a hell of a lot of people.

    A currency that constantly fluctuates massively is effectively useless as a reliable store of wealth and as a payment method. Even if we assume bitcoin continues to rise and rise as 25-50% of the population buy into it and it becomes widely accepted as a form of payment: this will eventually be devastating for the economy. It will cause massive inflation in FIAT currency, and the only people who will benefit will be those who bought bitcoin early and bought heaps of it. The people who don't own any bitcoin or only own a little will eventually be impoverished by the massive inflation caused when bitcoin whales begin to spend their coins. Following on from this economic disaster, the value of bitcoin will crash as people will need to spend more and more of it to survive.

    Elon Musk's continuous support of cryptocurrency is solely for his own benefit and is based on the fact that most of his supporters are absolute idiots. On the other hand, many investors in crypto are smart enough to know it's a long-term scam and that Elon is lying when he talks up crypto, and they invest knowing that his lies will help push the price up.

  • Just another celebrity launching a worthless coin. Like 99.99% of other memecoins it’s a cash grab for the creators through either dumping the coins when they spike from the hype or through gas fees of which Trump coin has collected $12.5m in the last 24 hours.

    This is a good video going through it.

  • All these meme coins end up the same way. Trump meme coin isn't the first, nor will be the last. Learn from the other people who gambled their life savings away. At this point, I dont have any sympathy for greedy people looking to get rich quick losing their money.

    • +2

      It's like all forms of gambling: the lucky few will boast about their wins and berate everyone who didn't play as being stupid. The vast majority who lose will stay silent and be criticized for not selling before the project was rugged.

      Remember that there are zero honest investors in TRUMP coin. Everyone is looking to dump their coins before everyone else dumps, or the entire project is rugged by the devs. All players know it will collapse, but everything thinks they'll be the smart one to get out first.

      • It literally says on the official Trump coin website

        "and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type"

  • It will almost certainly become as valuable as Melania's NFTs, in other words, zero.

  • You are welcome ❤️❤️❤️

  • Can't be worse than money laundering in Ukraine.

  • Are you one of losers who watch channel 24 when the USA crap comes on?

  • +1

    Thanks OP bought 15

    (I did just throw $1k at it, I figure there's a lot of money dumber than mine going into this, just gotta time it before the pull)

    To be clear I'm the opposite of a Trump supporter, but I will happily take the money of one

    • The risk is that it will be pulled from the markets and you won't be able to sell it at all at any price

  • anyone who got on early, at less than 1 dollar is a millionaire now, (as always i miss the good shit) anyone who missed and think they can still make money should not invest anything they dont mind loosing

  • +1

    nothing says "I'm a degenerate" more than simping for crypto.

    it's worthless.

    zero value created from thin air.

  • Totally worthless scam. Its this type of stunts that give a bad name for crypto.

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