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Cryptocurrency News Video

Trump’s SCAM Coin That Created So Many NEW Multi-Millionaires – Truth or Hype?

Feb 02, 2025 at 08:30 pm Financial Flow

Trump Coin has taken the crypto world by storm, creating overnight millionaires—but is it a legit investment or a massive scam? Built on Solana, this meme coin saw insane early gains, with some traders allegedly turning $1M into hundreds of millions. But behind the hype, tokenomics raise serious red flags—with 80%+ of tokens held by insiders, setting the stage for potential rug pulls and price crashes. Pump & Dump? Whales control the supply, and once unlocks begin, prices could plummet. Insider Trading? A mysterious million-dollar buy at launch has fueled speculation. Meme Coin Mania: Other Trump-linked tokens, like Melania Coin, could follow the same trajectory. So, is Trump Coin a scam? While not officially labeled as one, meme coins thrive on hype and FOMO, where early buyers win big, and late investors get wrecked. Would you invest or stay away? Comment below! And subscribe for more in-depth crypto breakdowns!
Video source:Youtube

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Other videos published on Feb 03, 2025