Coin World News, according to a report from the New York Times, a Nansen report shows that as of the end of June, approximately 1 million investors had accumulated losses of $3.8 billion in Trump-related meme coins. Nansen analysis indicates that the trading mechanism of the associated tokens allows Trump to profit regardless of price fluctuations, and Truth Social's promotion of related tokens has amplified trading volumes. During his 2024 campaign, Trump shifted to embracing digital assets and co-founded World Liberty Financial with his children, while the issued $WLFI token experienced a decline. Additionally, the Trump token has been described as a speculative asset lacking practical utility and has undergone a correction.

TRUMP3.49%
WLFI-0.51%
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GateUser-470bc925
· 5h ago
$WLFI also dropped? The whole family should be together.
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ShellsLeftBehindByTheReceding
· 5h ago
Truth Social promotion + family endorsement, this tactic is so classic.
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UnderTheGlassDome
· 5h ago
Wow, 3.8 billion dollars, this number makes my heart ache. Retail investors are always buying the top.
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