First reported by bsky
Trump earned over $1 billion from crypto ventures last year, financial disclosure reveals
Report: Nearly 1 Million Investors Lost $3.8 Billion on Trump Memecoin
By
Eric Lipton, David Yaffe-Bellany
3d ago· 4 min readenNews
Summary
A cryptocurrency analytics firm report reveals that nearly a million investors who bought the Trump memecoin have collectively lost $3.8 billion. The analysis shows that most retail investors suffered losses while more sophisticated traders managed to profit from the volatile cryptocurrency tied to former President Trump.
Source
Twitter / XReport: Nearly 1 Million Investors Lost $3.8 Billion on Trump Memecoinnytimes.comKey quotes
· 3 pulledA report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
most retail investors having lost money while sophisticated traders did better
A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
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