From $75 to $1.70, a drop of 98%, nearly a million accounts trapped. The White House: We are proud. Me: ?

CoinWorld News reports that nearly 1 million buyers have lost approximately $3.8 billion in the TRUMP memecoin, with around 988,905 accounts in the red by the end of June, accounting for about two-thirds of all buyers. The coin's price has fallen from a high of $75.35 to $1.69, a drop of about 98%. Trump claims to have made $636 million from the coin, nearly half of his crypto income last year; the White House says he is proud to make America the crypto capital.