this post was submitted on 19 Jan 2025
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[–] Feathercrown@lemmy.world 4 points 24 minutes ago

No sympathy. Fuck everyone who paid Trump for this shit, I hope they needed that money.

[–] phughes@lemmy.ca 15 points 8 hours ago

The first I heard of Trump's memecoin was a headline declaring it was worth $25 Billion. I'm a pretty online person, so I tend to hear about these things pretty quickly. The article said it was worth $9 billion in 12 hours.

$9 billion is an unimaginable amount of money for any number of people to decide to "invest" in under 12 hours. The only way I can explain that happening is if many, very wealthy people, had been notified about the coin going up for sale ahead of time and wanted to curry favor with Trump.

What a fucking embarrassment this country is.

[–] ocassionallyaduck@lemmy.world 35 points 9 hours ago

Don't worry, the DOJ under President Trump wl prosecute those responsible.

Namely the reporters making these allegations.

[–] CharlesDarwin@lemmy.world 19 points 9 hours ago

This is the Rug Pull Administration, after all. Might as well kick it off with really, really big and obvious grift.

Who cares? He’s gonna get away with all of it

[–] MothmanDelorian@lemmy.world 28 points 10 hours ago

This is not a rugpull but a readjustment. The purpose of this coin and Melania's coin is to get around laws preventing foreign sources from donating to or bribing Trump.

[–] HappySkullsplitter@lemmy.world 39 points 13 hours ago

Nobody launders money like Donald Trump. Simply the best

[–] zipzoopaboop@lemmynsfw.com 8 points 10 hours ago

Every crypto is intended as a rug pull

[–] FolknForage@lemm.ee 3 points 8 hours ago

lol who’s still holding this shit

[–] HelixDab2@lemm.ee 56 points 17 hours ago (2 children)

This is a clear and obvious pump-and-dump. Anyone that falls for this deserves to be fleeced.

[–] Bytemeister@lemmy.world 27 points 13 hours ago

I agree they deserve to be fleeced. I just don't think he deserves to get the money.

[–] jagged_circle@feddit.nl 6 points 13 hours ago

I mean its a premine

[–] grue@lemmy.world 180 points 1 day ago (3 children)

Jimmy Carter sold his fucking peanut farm, and now this is the point we're at.

[–] FlyingSquid@lemmy.world 58 points 18 hours ago (1 children)

And doesn't get his 30 days of mourning. Because Carter can't even get a fucking break after he dies.

[–] CeruleanRuin@lemmings.world 16 points 12 hours ago (1 children)

Everyone should post nothing but Carter and King tributes today instead of talking about the coronation.

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[–] Wispy2891@lemmy.world 33 points 21 hours ago

"Let me tell you, folks, this, what we're seeing right now, it's HUGE, okay? I mean, some people are saying—and I don’t know, but they’re saying—it could be the biggest rugpull in the history of rugpulls. Tremendous potential. Absolutely tremendous. Nobody’s ever seen a rugpull like this before, believe me."

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