$TRUMP Meme Coin Price Plummets, Investors Suffer Huge Losses

Investors in the meme coin $TRUMP have suffered significant losses after its price plummeted. According to a report by cryptocurrency analyst Nansen, two-thirds of buyers lost money, resulting in estimated total losses of $3.81 billion.

The $TRUMP coin was promoted by U.S. President Donald Trump and his family, who reportedly earned millions from the meme coin's success. The price of the coin soared to $75.35 but is now down to $1.76.

The profit structure of the coin allowed the Trump family to make money regardless of the price movement, while ordinary investors only profited when the price rose.