Trump’s Crypto Is Crushing MAGA’s Pocketbook

During his first mandate, Donald Trump made fun of the cryptography industry, calling “very volatile” and “based on a thin air”. But four years later, he returned to the campaign path with a different argument: to make America large again … with Crypto.

He promised that the United States would become “the world cryptographic capital”. The former skeptical crypto had become a cryptographic brother, determined to capitalize on an industry where fortunes increase and decrease in a few seconds.

His crypto journey started in December 2022 with the launch of Trump brand NFTS – digital milking cards representing it as a superhero. At a price of $ 99 each, the collection was a surprise success, which allowed Trump millions in cash and crypto.

But his most visible and ambitious crypto business is the $ Trump token, a same launched on January 18. Emitted via CIC Digital LLC (an affiliate of the Trump organization) and Fight Fight Fight LLC, Trump’s Coin made its debut with a supply of 1 billion tokens, supported by no product, no platform and no service. Just the brand.

About 200 million tokens were sold at $ 23.93 each, according to Crypto Coigide of the data company. Although Trump’s exact participation in the project is not clear, CIC Digital LLC and Fight Fight Fight LLC carried out hundreds of millions of dollars in earnings.

The Trump organization did not immediately respond to a request for comments.

In an interview broadcast on May 4 on NBC News’ meet the press with Kristen Welker, Trump was directly asked about criticism suggesting that he was using the presidency for a personal gain thanks to a piece of memes linked to his name. “I don’t take advantage of anything,” Trump told Welker. However, when he supported the subject, he made a comparison with the actions: “If I have actions in something and do a good job, and the stock market goes up, I suppose I take advantage.”

CIC Digital LLC and Fight Fight Fight LLC still hold 800 million Trump tokens $, representing 80% of the total supply, according to the official project of the project (gettrumpmemes.com). These tokens are planned for a gradual sale over a three -year period, following an acquisition calendar designed to prevent a brutal sale. The first sale of this type is scheduled for July. This structured approach can be considered a safeguard against a conventional cryptography scam known as “carpet traction”, when the creators of projects suddenly rest and disappear, leaving investors empty -handed.

Despite this, Trump’s team continues to enjoy. Like a credit card company or a ticket service, they earn a drop whenever someone buy or sell. Since January and May, these costs have generated more than $ 350 million, according to the Crypto Chainysis analysis company. Like a credit card company or a ticket service, they earn a drop whenever someone buy or sell.

For retail investors, however, it was a bloodbath.

Only a handful of traders have earned money, especially those who jumped early and cashed during a brief price of prices.

Thousands of people who have invested small sums in Trump’s crypto have finally lost much of their money. According to Chainalysis, nearly 764,000 portfolios, the digital accounts used to store and access cryptocurrency, have suffered losses. In striking contrast, only 58 wallets left with more than $ 1.1 billion, reaching an average of more than $ 10 million each, while the vast majority was “burned”.

Here is the ventilation: investors who bought $ Trump on January 18 theoretically experienced solid initial gains, while the room increased to $ 44.28 on January 21 at the end of the negotiation in New York. However, at the time of writing, its value had dropped to $ 9.86, according to Coingecko. This means that someone who bought $ Trump at $ 44.28 would have seen their investment reduce by more than $ 34.2, which represents a loss of 77.7%.

It should be noted that $ Trump briefly reached $ 73.43 during intra -day negotiation before quickly withdrawn on January 19, the day before Trump’s inauguration, which gives him a market capitalization of $ 14.7 billion depending on the available offer. Today, its evaluation fell to $ 1.97 billion, which means that more than $ 12.73 billion of market value disappeared.

“The memes Trump are intended to function as an expression of support and commitment with the ideals and beliefs embodied by the” $ Trump “symbol and the associated works of art,” warned the Gettrumpmemes.com website. He also declared that tokens “are not intended to be or to be the subject of an opportunity for investment, investment or security contract of any type”.

In short, CIC Digital and Fight Fight Fight Fight has no legal responsibility for any loss of investors.

$ Trump was explicitly marketed as a proxy for the influence, power, resilience and success of Trump. This is how the president elected Trump promoted On January 17, the day before the launch of the memes play: “My new official Trump’s official meme is there!” He posted on X (formerly Twitter). “It’s time to celebrate everything we defend: win!” Join my very special Trump community. ”

Last month, the project organized a private dinner for the best Trump holders with the president of the National Golf Club Trump in Washington, DC, in order to relaunch interest. This decision not only said that $ Trump offers direct access to the President of the United States, but also underlined the absence of economic fundamentals from the token to support its value, unlike established cryptocurrencies such as Bitcoin.

Before dinner, $ Trump was negotiated below $ 10. He then briefly increased to more than $ 15 before regaining his downward trend.

Dinner fired Democrats, who accused Trump of monetizing the presidency.

“What is happening this evening on Trump’s golf course – where he organizes a dinner for the best investors in his memes parts – is, in fact, to put a panel` for sale ” at the White House, “said senator Richard Blumenthal (D -CT). “It is auction for an auction.”

Even more disturbing? THE upper support From $ Trump is none other than Justin Sun, a Chinese cryptocurrency currently under investigation by Securities and Exchange Commission (SEC) of the United States. Sun published photos and videos of the dinner on X:

Like the upper support of $ Trump And proud supporter of President Trump, it was an honor to attend the Gala Trump dinner by @GettrumpMeMes.

THANKS @Potus For your unshakable support for our industry!#Makecryptogreatagain🇺🇸 pic.twitter.com/yy2tuwegzt

– Il Justin Sun 🍌 (@justinsuntron) May 23, 2025

CIC Digital and Fight Fight Fight still has 800 million Trump tokens $ that they can sell by 2028. At today $ 9.86, this reserve is worth $ 7.9 billion on paper. But in crypto, the prices are swinging quickly and the paper fortunes disappear even faster.