Nearly 1M investors lost $3.8B on $TRUMP memecoin
JUST POSTED: An updated tally is in, and the count of Trump followers turned financial losers is even bigger than first thought. Much bigger. 988,905 buyers of $TRUMP memecoin have lost a total of $3.81 billion. www.nytimes.com/2026/07/04/u...
Eric Lipton NYT306This sales pitch from Donald Trump sent out three days before he was sworn in to his second term has ended up being disastrously bad financial advice for most of the buyers. Only a small set of traders who moved fast to buy the coin, then quickly dumped it made $$. Almost everyone else lost bigly
bluegirlredstate.bsky.social82I feel like the real story is that this is a way to legally bribe Trump. The big buyers don’t care if they “lose” money because its just a way to give Trump millions legally in exchange for pardons, dropping investigations, etc. They don’t expect it to make money as an investment.
Dave N.36This pig commits literal fraud on his own supporters and they not only continue to worship him but also blame Democrats for getting scammed.
Cloud and 44 Lights19Cults are pricey. Join a club…pay the dues.
The Nachjager19They totally deserve that and then some. I don't feel sorry for them at all.
Eddy18That’s almost $4,000 each, on average. Of course, this conflates the multi-million dollar bribe “buyers” with the redcapped cultists who dumped their cash into daddy’s pockets.
ApocalypticaNow26Ever since he realized he was popular with the right, Trump and his family have been doing their best to suck every last cent out of them
RogueResistanceKnitter 🥄🐸7The goal was to make him rich, not the investors.
Josh Sternberg6Trump family thinks Americans are idiots; his followers prove the point.
KMJeezy5Keep giving money to the Con Man. Fuck em!
justin achilli5The purpose of a system is what it does.
Johannes Herrmann (Phylloscopus)3Suggestion de jeu télévisé : on met Donald Trump, Gérard Lopez et John Textor sur un îlot rocheux, on leur jette une pièce d'or (une seule, pour trois), et on filme.
Susan Park3Far more needs to be made about this. Every Maga and rwnj podcaster needs to be held to account every time they dare spruik this horrid regime.
Stephan3Vertrauen in DT zahlt sich aus!
Yastreblyansky2I realized Trump's biggest fans are the biggest victims of his grift but I never imagined it was on this scale.
Renée Graham 🏳️🌈2They'll still figure out a way to blame immigrants/trans people/Mamdani/The Obamas.
“lost $33K on a stupid Trump memecoin scheme and blames Democrats for it” I think we did it team, I think we found Peak MAGA Guy
Joe Bauer36We need more diner safaris to find out how Democrats can win these voters.
McNutcase27Oh, you KNOW he blames everyone who tried to warn him.
danielwa.bsky.social16There can be no better illustration of the epistemological divide between red and blue Americans than the statement: "If Trump put his name on it, it must be a legitimate investment."
Jason Darr14If anyone is thinking of investing in Trumpcoin, I can promise you a better return by giving me 10% of your money. I'll tell you not to buy Trumpcoin.
Maudlin Marionette11Living embodiment of stick in the bicycle wheel spokes dot jpeg
GuardianofWisdom8These people vote. It's insane they don't go out with their pants on their heads.
THE COMMIES ARE COMING FOR YOUR GUNS AND BIBLES!!! Vote to keep the corrupt Republican oligarchy in power enriching themselves at your expense - they will protect you from the bad commies who are EVERYWHERE plotting! BUY TRUMP CRYPTO & A TRUMP BIBLE NOW AND GET SAVED!!!
Diamond Life14Let’s make America Mamdani proud 🇺🇸
ReMarkable13At the heart of what Republicans are calling progressive, socialism, marxism, communism, etc. is the desire of many Democrats to shift the pendulum back to policies that benefit everyday Americans
Knope Democrat8They’ve moved on from immigrants are the biggest threat, Antifa is the biggest threat, Democrats are the biggest threat…. maybe this one will stick.
5Plume🪶7That will work on some, shockingly.
A Man Has No Name 🇺🇦4It’s wild how Trump lives in this 1950-1980 world. Everything is from that context.
AdoboTom4🤣🤣🤣🤣Amazing how GOP sees those who fight for the rights of average Americans in a demented way. They have no policies nor ideas to support us so they fear monger. Unfortunately we have idiots who will believe this BS.
Reuters found several Trump supporters who invested in his memecoin and lost money. One put $2,000. It's now worth less than $120, in what she called a "pump and dump scheme." Another dropped $40,000. He lost almost $33k and now blames Democrats.
gkelloggs.bsky.social197Gives $40k to a family and organization convicted of fraud including running a fake charity. Blames Democrats when he’s predictably scammed. Our country is stuck in a rut because of voters like this.
RollsRoyceMerlin61131"If Trump is putiing his name behind..it must be a legitimate investment" OFFS! Really? Where the hell have you been for the last 10 plus years
Mr.Eddie897662Of course he thinks it's the Democrats fault A person has to be world class stupid to put $40K into any of his cons
grassynoll.bsky.social33It’s like a bad dream. We’re being held hostage by idiots that are incapable of understanding that they are idiots.
TobyTBD22There’s absolutely no hope for some of these dumb motherfuckers.
SarahBCalif18Trump has always been a conman. When will they learn? (Don’t answer that!)
The Alternate Historian34"Who was president in 2026?" is apparently a question a lot of people are going to answer wrongly in the near future.
Vandy, C.A.10idiots and their money, separated easily by the delusion that this grifting conman cares one iota about them the kicker is the belief that it's the Democrats fault it went down, you can't fix stupid
Captain John Craic8It must be great to rip off these rubes and they've been trained so well that they immediately blame your enemies for their utter stupidity.
Your Hardcore Dad3This is who Democrats think they can reach across the aisle to for a vote
Saint D'Khari3Stupid people like Matt from Indiana is why this country deserves it's fate
Panther Raccoon3And that’s the thing. Even when these pathetic losers give what little money they have to this crook, they still don’t connect the dots and blame the Dems. Cholera’s too good for them.
Hispanic Causin Panic3"My dog died when I left him with trump who is known to not like dogs but it was the democrats who killed it because they're anti-trump". I am at a loss of words at this point.
I’m bossy3I love that the woman rightfully blames Trump but the man blames the Democrats. Like, even when women are dumb, they’re still smarter than men.
Jeff Nusser3Republicans: Government is terrible Also republicans: WHY WON’T GOVERNMENT SAVE ME FROM MY OWN STUPIDITY??
Marc Auerbach2Here are some people who really should be stripped of voting rights. It's for their own good.
Trump uses the pardon power to normalize fraud and corruption. He wants us to believe that if everyone is corrupt, then who cares if he is corrupt, too. It’s just politics. It doesn’t have to be this way. www.yahoo.com/news/politic...
Beth in Wisconsin1He insists that they were convicted for "fixing their own cars". He lives in his own reality and an entire political party joins him there.
Āris W. Stalis1I can hear the “both sides” argument already. Is there corruption- yes, but he has taken it to an extreme level that harms the nation in exponential terms. My anger is at those that say it is no big deal, and that it is crazy libs saying it is so bad.
Harpy1He learned to do this by watching Dems look forward without punishing those who have wronged this nation.
Ole Danielson1Corruption is a core issue, an easily seen and understood issue and everyone knows its smell.
Misty the Cat Reads Banned Books1He thinks what he does is normal, he's a flawed person, more so than most people, and thinks it's not corrupt.
While Trump amassed an eye-popping $636 million from the cryptocurrency, known as a memecoin, many of his followers who heeded his call to purchase the coin came out losers. www.nytimes.com/2026/07/01/u...
Pilot 93Well, that’s the silver lining to all of this.
Dave Brockman 💙💛1To be fair, his followers were already losers.
Ariana Niko1While Trump amassed an eye-popping $636 million from the cryptocurrency, known as a memecoin, many of his followers who heeded his call to purchase the coin came out losers!
rosalita1959.bsky.social1They went in as losers.
OMPhD1Are they blaming the Dems for it? I’m sure they are.
