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Donald Trump’s souvenir (Trump) $trump, the remaining 813,000 cryptocurrency wallets, total losses of $2 billion, while the Trump Organization and its partners earned $100 million USD transaction fees. The token was launched on January 17 and initially soared to a large $75 per share. One investor turned a purchase of 18 cents per share into a payday of $109 million, but most people aren't that lucky. On average, investors lose $20 in transaction fees per dollar, and these entities associated with Trump-related entities, including CIC Digital and Fight Fight Fight LLC, collectively control 80% of the token. Memecoin’s rapid decline has sparked concerns about morality and conflicts of interest, and experts warn that governments and companies can use it to influence Trump’s administration. Consumer Advocacy Group citizens have filed a complaint urging a federal investigation into whether the coins on Trump promote X violated the law and violated the gifts solicited. Meanwhile, financial experts warn that Memecoins has no real value, calling it a “pure bubble.” This: Just like loading…discover more information from Baller Alertsubscribe for the latest posts sent to your email.
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