We’ve mentioned it a few times before: the occupants of 1600 Penn have never seen a grift they would shy away from — big or small. And true enough — “fools and their money soon go separate ways…” even so, though — consider:
As of his FEC mandated disclosures this year, Trump has made about $635 million off this joke of a coin, personally — using his title as “preznit” for personal gains (to say nothing of whom all he may have paid off, by gifting early coins to his cronies). Overall, in crypto, his gains have exceeded $1.2 billion, personally.
For her part, Melania reported about $6 million in direct crypto gains in the year, but that doesn’t count the amount she sold as the meme coin tanked. Those were coins given to her without any price — and likely exceeded $100 million.
Meanwhile, ordinary (non-crony / non payoff receiving) investors lost something between $3.7 and $7 BILLION on the coins. Disgusting.
This all, as a retrospective blurb came out whilst I was away in Europe, but it is a worthwhile reminder of just how brazenly corrupt the two of them are:
…Both coins closely tracked the broader crypto market, which saw a rise to $2.66 trillion before a recent $60 billion drop amid geopolitical tensions and economic data. Despite their recent gains, both coins remain significantly below their highs since the 2025 inauguration, with TRUMP down 96% and MELANIA down 99% since then, compared to a 25% drop in total crypto market value….
[Interestingly, but trivially after-all, the] OFFICIAL MELANIA meme coin modestly outperformed the OFFICIAL TRUMP coin in late August and early September despite similar market trends. TRUMP surged 75% in a week but then declined, ending 31.09% higher over a month, while MELANIA rose steadily to be up 35.93% over the same period….
To be clear, though, both were — and are — essentially worthless stacks of ones and zeros, in an electronic storage medium. Damn — what a pair of con-artists. Each — for the presidential families — largely exited their zero cost “investments” in the coins — with hundreds of millions to billions in real US Dollar gains, only scant weeks after the meme coins launched. So they’ve gotten their tributes / bribes — and the above later market prices mean nothing to them. Out.
नमस्ते
