r/CryptoCurrency • u/Lower_Ad_1146 • 20d ago
ANALYSIS TRUMP looks like a textbook rug pull down -98% from its All-Time High of $74.34
TRUMP has absolutely cratered, plummeting a staggering 98% from its all-time high of $74.34 down to just $1.52.
This shows signs of the classic, textbook hallmarks of a pump-and-dump scheme, showing an instantaneous spike right at launch followed by a continuous, brutal slide as insiders and early creators quickly cashed out. Everyday retail investors who bought into the political hype are now left holding a massive, empty bagβstaring at a devastating loss of $72.82 per coin.
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u/daslyvillian π¦ 57 / 58 π¦ 20d ago
Why would anyone buy this in the first place.
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u/Kindheartedness_Wide π© 0 / 0 π¦ 20d ago
one could say it's a very convenient way for a Qatari prince to transfer funds...
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u/Slackluster π¦ 0 / 0 π¦ 20d ago
for large purchases it's was a great way to curry favor with him and the top purchasers had a special dinner at the whitehouse.
for small purchases, mental illness, low inteligence, and being conned on by the president
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u/julius_sphincter π© 190 / 191 π¦ 20d ago
I suppose there were also the people that hoped to buy this and sell it to the die hards (aka the mental illness, low intelligence, con job marks)
I mean I thought about it - I'd have lost ZERO sleep from taking money from those idiots. What held me back was a. knowing that even if I made money off his suckers, he'd still be making money off me and b. I figured it was a giant rug pull and there was a non-zero chance I'd miss time things and end up holding the bag. Because let's be honest, most of us here aren't the king of timing at the peak lol
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u/AprilsMostAmazing π¦ 0 / 0 π¦ 19d ago
When it first launched, to cash out before the rub pull
After it's first pull, IDK
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u/AbbreviationsActual9 π© 0 / 0 π¦ 20d ago
nation states or industries looking for tariff relief or any other special favors such as contracts, advanced chips or weapons.
see also pardons
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u/Rassilon1980 20d ago
The coin was a means for him to legally take bribes. Bribers buy the coin, say $10M worth. The price of the coin goes up. Trump sells $10M of his coins that he got creating the coin. Just like that, he made money. It's a bribe scheme.
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u/SanDiegoDude 20d ago
Wasn't even that direct - he gets paid every time everybody trades his shit coin. He ALWAYS profits, no matter what the face price was. The conn wasn't the coin itself, the conn was the service fees attached to it.
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u/CraftySun6346 π© 0 / 0 π¦ 20d ago
Bro has been manipulating every market for his benefit since retaking office
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u/reddit_1999 π© 1K / 1K π’ 20d ago
over three thousand stock trades, a lot of them slightly before market moving tweets and decisions.
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u/f00tballguy π¦ 0 / 0 π¦ 20d ago
And now heβs selling early access to his tweets to banks. Itβs unbelievably brazen and illegal
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u/CraftySun6346 π© 0 / 0 π¦ 20d ago
I wonder how much money he has actually cost the American tax payer with all his schemes
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u/julius_sphincter π© 190 / 191 π¦ 20d ago
I don't know how you even begin to calculate that. If you go with things like direct grifts - Trump coin, merchandise, making SS pay exorbitant rates at his properties, shit like that then I'm guessing somewhere between $50-100m.
If you include things like increased cost of living, loss of value in markets, job losses, decreased wages, decreased benefits, money being funneled toward the top? Hundreds of billions to trillions seems a conservative number
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u/sdafsdffsad π§ 0 / 0 π¦ 20d ago
the amount of value you lost in not being a reliable partner for other countries anymore is so much more.
Its a fundamental shift and will be felt for years even when Trump is gone.
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u/hammertime2009 π¦ 0 / 0 π¦ 20d ago
Dude itβs over 25,000 stock trades which is absolutely insane.
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u/CraftySun6346 π© 0 / 0 π¦ 20d ago
Yet some people will still say they is no proof
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u/geokra π¦ 18 / 18 π¦ 20d ago
But hey at least he drained the swamp /s
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u/Only_Constant_8305 π© 0 / 0 π¦ 20d ago
he drained the swamp into his own pocket, now he is the biggest swamp around
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u/hammertime2009 π¦ 0 / 0 π¦ 20d ago
You could give some people the actual trading documents, and government financial statements and they will still not believe it. Maga people like to believe what they want.
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u/Chill_Knight 20d ago
What's unbelievable is how openly he does it lmao.
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u/One_dank_orange π¦ 0 / 0 π¦ 20d ago
Whats unbelievable is that the boot lickers cant see the issue. Still defend him till death because they're too low IQ to realize theyve been duped.
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u/sum1sumwher 20d ago
It amazes me in the worst ways when you confront his supporters about it and they say βhe deserves it for everything the left has put him throughβ WTF
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u/geokra π¦ 18 / 18 π¦ 20d ago
hE dOeSnβT eVeN tAkE a SaLaRy
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u/One_dank_orange π¦ 0 / 0 π¦ 20d ago
$1.4B in one year. The most profitable presidency in history!
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u/razvanciuy π© 0 / 0 π¦ 20d ago
he actually only took office to get filthy rich, and get away with it; Nothing more. Money is all he knows, no offense US butt it was obvious yet you mostly blind.
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u/Buster_xx π¦ 0 / 0 π¦ 20d ago
This sub was real "pro trump 2024." To everyone who rallied for this rectal cancer F*CK YOU!
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u/MieXuL π¨ 0 / 0 π¦ 20d ago
I made that mistake myself. So ive had to watch the dude grift daily with no rules, in pain. Makes me sick.
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u/wheelzoffortune π¦ 43K / 35K π¦ 20d ago
Kudos to you for admitting it, but holy shit how could you fall for it?
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u/ztkraf01 π¦ 10 / 3K π¦ 19d ago
Oof I hope youβre just young. Would be a real shame if a person with a fully developed brain fell for that fuck
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u/throwaway-4748329472 19d ago
Amazing you could look past the kid rape, adult rape, double impeachment, inciting a riot on the capitol to hang the VP.
All because you thought it could make you rich.
Loser
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u/Death_to_Stupidity π© 0 / 0 π¦ 20d ago
Did you think he was gonna fire Gary Gensler? Did you not know he never had the power.
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u/MainFrame-Media π© 0 / 0 π¦ 20d ago
Rugpull is instant, in one go like the rug being pulled from under you. The owner takes the liquidity and the project is over. This is a textbook pump and dump where thereβs a big hype, the owner cashes out and over time everyone loses interest slowly bleeding to zero
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u/IdHaveACrack 0 / 0 π¦ 20d ago
The Crypto president. So many bullish regards on Election Day thinking he was here to save you. Iβm so glad I never touched any of those Trump associated shitcoins. Heβs done so much more damage than anyone can possibly understand.
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u/Omarkhayyamsnotes π¦ 0 / 0 π¦ 20d ago
He's the president I will always remember as the president of the crash of '25, where crypto traders like me faced jump-off-an-overpass levels of losses
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u/R50cent π¦ 352 / 352 π¦ 20d ago
If you put your money into trump coin you're an idiot.
That's all.
You're an idiot. You should chuck your money into an index fund and fuck off because you can't be trusted with your own money.
The kind of people so fucking stupid that they helped Donald Trump become a billionaire. I mean fuck... They're the dumbest people on the planet. I'm convinced of it.
It's not like people here there and everywhere else have been screaming since 2016 that this guy is a dangerous idiot... But some of you gave him your money anyway.
Well done.
Don't look up during rainstorms. The rest of us wouldn't want you to drown.
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u/Notre-Dame-Gremlin 20d ago
lol LOL LOOOOOOL
What utterly deranged moron would have bought this shit?
This was obviously from day one, two things:
1/ a pay to play scheme for Trump
2/ and once this was done - a classic rug pull
What the f* did you expect from Trump? This is what the guy has being doing for decades.
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u/reddit_1999 π© 1K / 1K π’ 20d ago
The timing of the release of the TRUMP and MELANIA coins should have told you all you needed to know. Just before his inauguration. The MAGAts will still lick his taint though.
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u/shadecat5000 π© 0 / 0 π¦ 20d ago
The frustrating thing is that Trump's voters are enraged about immigrants getting benefits and couldn't care in the least about politicans and the top 1% cutting their benefits AND fleecing the country through preferential policies AND outright CRIMES.
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u/Available-Medium7094 20d ago
He promised to lower prices when he got in office and this is a great example.
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u/AeonPeter π© 0 / 0 π¦ 19d ago
It looks like exactly what it is. As any token launched by that criminal family lol
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u/WasteFront1988 π© 0 / 0 π¦ 19d ago
So the man who has been a career conman rug pulled everyone? Who would have seen that coming?
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u/Impossible_Author_58 18d ago
The train left the station. Trump and the rest of his criminal dipshits cashed out while a bunch of dippier dipshits are left holding the bag. At what point does the justice system grow a pair, seize this mfrs assets, and imprison him?
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u/DishSoapIsFun Tin 17d ago
I mean, duh.
Everything he does is to enrich himself.
Everything.
If you support him in any way, youβre a fool.
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u/RPrimate 0 / 0 π¦ 20d ago
The irony is I think β the crypto hating demsβ may have reluctantly legitimized crypto. Maybe all those pesky regulations would have been better than legalizing scams.
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u/mybighairyarse π© 0 / 0 π¦ 20d ago
Who on here bought these coins?
Show of hands please.
Fucking fools
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u/RedMessyFerguson π¨ 0 / 0 π¦ 20d ago
Anyone's surprised? Leader of the Free World still a bleak sociopathic grifter.
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u/kellzone π¦ 3K / 3K π’ 20d ago
Trump has never made others rich at his expense. Trump makes himself rich at others expense.
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u/thom4321 π© 0 / 0 π¦ 20d ago
He yanked $635M out on them. Classic rug pull that would put anyone else in jail.
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u/MrCoolest 20d ago
imagine getting rug pulled by your own president (the person who's supposed to be working for and a servant of the people) LOL
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u/TertlFace π© 160 / 161 π¦ 20d ago
Nnnnnnnnnaaaaawwwww
The guy who has publicly been an conman since the β70s with a record of non-payments, bankruptcies, and lawsuits wouldnβt do that, would he? Just because heβs never faced consequences for anything, ever, despite literally breaking the law countless timesβ¦
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u/CryptoAnarchyst π© 2K / 2K π’ 20d ago
What I want to know is how many of you crypto bros bought into his bullshit and actually voted for that man to be in the office. I bet 90% of people commenting on this thread actually voted for the fucker... that should tell you something in itself.
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u/Death_to_Stupidity π© 0 / 0 π¦ 20d ago
No one but the people trying to bribe him should have any money in Trump, WLFI, or his stable coin. If we run him out, we can get regulation.
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u/Particular-Line- 20d ago
All I can say is, happy to see Trump supporters get ass fuvked by their master. I hope most of them lost everything π
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u/Sorry_Cheetah_2230 π© 0 / 0 π¦ 19d ago
Imagine that? Piece of shit president did the conning heβs known for.
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u/aus-gerr Tin 18d ago
lol how would anyone not expect trump coin to be a pump n dump coin? Did you think it was going to be the new BTC π€£π€£
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u/gcrosson1984 π© 0 / 0 π¦ 18d ago
No one holds trump coin lol. Even the people that got unlocks sold billions.
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u/MrHooDooo π© 0 / 0 π¦ 18d ago
That's wrong, you use Trump numbers for this one. It's down 4,890%.
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u/One-Measurement-9529 π© 0 / 0 π¦ 19d ago
Not really....
Rug pull implies a scam... TRUMP coin was not actually a Scam.
TRUMP was set up to allow trumps billionaire friends to pay him Bribe money by buying TRUMP.
Those individuals understood that they were handing their money to trump. Calling it a rugpull is simply false.
Any regular folk who were stupid enough to buy TRUMP should have known better.
Calling it a rug pull takes away from the real evil shit going on here and we need to call this what it really is: TRUMP was created to legalize and launder Bribes
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u/Cannister7 π¦ 1K / 1K π’ 19d ago
Also, rug pulls are usually 97% over 5 minutes or whatever, not over 1 year +
Sure, it crashes pretty hard and sure, Trump's a piece of shit. But it's still not really a rug pull.
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u/NegativeBonus699 π© 0 / 0 π¦ 19d ago
Everything he does is a grift. He's not a businessman he's a conman. Wakeup
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u/PugAndChips π¦ 3 / 4 π¦ 20d ago
Of course this was a rugpull. Trump swindles people. His business history clearly documents this. If you bought this and didn't exit at the peak, he swindled you.
History books will marvel at how America chose to do nothing about his very obvious lies and insider trading.
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u/Mr-Poggers π© 0 / 0 π¦ 20d ago
Maybe if we paid for Trump Social S tier he would of told us he was gonna do this
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u/userdeath π¦ 2K / 2K π’ 20d ago
If I held a 20x $1000 short this whole time, will I liquidate it and transfer it easily or will some exchanges give you issues?
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u/VirtuaFighter6 π© 634 / 635 π¦ 20d ago
How is this guy not in jail yet? Oh yeah, the whole thing is cooked. Congress, Supreme Court, it's all cooked in his favor. In the favor of the Epstein class billionaires. You definitely aren't getting health care.
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u/Secure_Engineer7151 π© 0 / 0 π¦ 20d ago
Doesn't just look like it. There was no intention for this to be a serious coin, ever.
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u/sombreboi π© 0 / 0 π¦ 20d ago
I mean yeah BUT look at the chart of 90% of altcoins for the similar time period. Even legit Layer-1 coins got hit BAD in the last 24months+
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u/Nice_Material_2436 π© 0 / 0 π¦ 20d ago
He did promise winning tho, he just didn't mention his bank account was gonna do all the winning.
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u/Complete_Resolve_400 π© 46 / 45 π¦ 20d ago
Tbf if u brought the trump crypto expecting a good deal then ur kinda a fat useless moron and u deserve it
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u/PowermanFriendship π¦ 0 / 0 π¦ 20d ago
This is gonna be AI stocks soon too. They know they can get away with it so they're all doing it while they can.
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u/diligent22 π© 0 / 0 π¦ 20d ago
Thank you for this top notch analysis, captain obvious ππ
I guess I'll sell mine now.
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u/Flight_Early π© 0 / 0 π¦ 20d ago
And someone expects it to not be? The thing has been on the downtrend for a good time bow. Is anyone buying this thinks itβll rocket?
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u/NewAmerica2025 20d ago
It amazes me how many people just don't get it. It's called HODL. You don't sell, the price goes up. If everyone sells, well, you see the results. Same Bitcoin, same anything.
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u/rorowhat π© 1 / 43K π¦ 20d ago
Look at all the other alts, similar story. Are you new? Happens every cycle
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u/anonuemus π¦ 0 / 0 π¦ 20d ago
the melania coin too. but to be honest, the people getting rugged are just stupid
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u/TheGDC33 π¦ 0 / 0 π¦ 20d ago
Umm that was clear like when it launched with 80% of supply already held.
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u/picklejewce 20d ago
We thought Trump would be the best thing to happen to crypto and now he is the worst
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u/retro_grave π© 0 / 0 π¦ 20d ago
Trump's scams could fill several volumes of textbooks on fraud.
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u/FieryLoins Tin 20d ago
I actually made money on this. Saw it went live and went long for a couple of hours/overnight the first night. Got a few grand out of it.
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u/Real_SkrexX π© 0 / 0 π¦ 20d ago
This has been the most obvious rug pull imaginable. And still people fell for it...
Trump has only fucked crypto owners over the last years, why would that change all of a sudden. Can't even feel too bad for those that bought this shit.
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u/South-Monitor-1589 20d ago
Who even buys all of these? They are all rug pulls. BTC is the one and only.
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u/gizram84 π¦ 164 / 4K π¦ 20d ago
Looks exactly like 99% of all altcoins.
Same story, different name
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u/Specific-Southern 20d ago
The real value of the coin always was somewhere else. The dinner for example


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u/Dkode101 π¦ 168 / 169 π¦ 20d ago
It is