Crypto is a world of Blunders
Always “Buy the Rumors Sell the News”
Always “Buy the Rumors Sell the News”
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Alpha Banter
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My Costly Lesson with $TRUMP Meme Coin
I invested my hard-earned money and tuition fees into the $TRUMP meme coin, hoping for big returns. Launched on January 17, 2025, the coin skyrocketed, hitting a $14.5 billion market cap before crashing, losing two-thirds of its value in under two weeks.
Entities behind the coin made $100 million in trading fees, mostly from small traders like me. Even President Trump’s endorsements and his posts on Truth Social couldn’t stop the decline. The situation worsened after Trump announced new tariffs on goods from Canada, Mexico, and China, which shook the crypto market.
This harsh experience taught me the risks of meme coins and the need for proper research before investing. I hope others can avoid the mistakes I made.
#TRUMPcoin #CryptoRisks
#Tariffs #LessonsLearned
I invested my hard-earned money and tuition fees into the $TRUMP meme coin, hoping for big returns. Launched on January 17, 2025, the coin skyrocketed, hitting a $14.5 billion market cap before crashing, losing two-thirds of its value in under two weeks.
Entities behind the coin made $100 million in trading fees, mostly from small traders like me. Even President Trump’s endorsements and his posts on Truth Social couldn’t stop the decline. The situation worsened after Trump announced new tariffs on goods from Canada, Mexico, and China, which shook the crypto market.
This harsh experience taught me the risks of meme coins and the need for proper research before investing. I hope others can avoid the mistakes I made.
#TRUMPcoin #CryptoRisks
#Tariffs #LessonsLearned
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