Trump family earned $1B from crypto..

[Webutxo]

This CZ guy need to be arrested again. He has been quiet about the affairs of Binance since he was fine by the United state government but recently, there are talks around that Trump want to pardon him. I'm not sure if that's true but he has change ever since I saw that news. He is a king of market manipulators, I don't like the way he feels anytime he is bullish on the market.

The way the market crash last week, they were quick to compensate trades on their dex, it was announced to be worth $400m but I doubt the authenticity of that value that was airdrop. Another thing is that centralized exchanges are contributing to this long and short market liquidation but they are always denying they do inside trading. I don't trust the CZ guy.

[masulum]

-snip-
 He is a king of market manipulators, I don't like the way he feels anytime he is bullish on the market.

In fact, similar actions are not only carried out by CZ, but also by other meme token insiders and influencers. As the OP mentioned, Trump significantly profits from his coin due to the influence of his posts and statements. CZ's ability to do the same has diminished since he left Binance. His posts no longer influence traders compared to Trump's. In the next cycle, Trump, Musk, and CZ's posts will no longer be influential, as each cycle has different influencers influencing crypto price movements.

[Mahanton]

I still remembered in one the thread I created when Trump make a U turn about Bitcoin, I knew something was off. Man has never liked Bitcoin in all of his first tenure in government. He was rude and stubborn and every bad commentw he made about Bitcoin was hurting the market. All the tweets I dug them out to proved a point but everyone was like he is changed, all this and that. I think majority wanted his Bitcoin approval but what did we get later, no reserve and no promise was fulfilled.

Somome that wanted to support Bitcoin was launching another coin, I remembered Trumpcoin went almost $70 at many exchanges before the collapse, like where did we got it wrong that we didn't see this flags coming? I saw them but many will think it's personal hate and envy but I think we have the final result. We are not even yet in bear market, we will see what the price is by that time.

He definitely knows how to ride the hype and unfortunately leave some crypto maxi hanging by not having the reserve, the one thing that makes me disappointed but we move on.
As for trump coin, probably will have the same fate as any other memes. The value is derived from hype only so when the hype fades so does the value. Pretty simple.

It’s clear that Trump’s sudden shift in attitude toward Bitcoin raised a lot of red flags for people who have been watching him closely from the beginning during his first tenure he was openly hostile toward crypto calling it dangerous and baseless so when he suddenly turned around acting supportive it felt like something wasn’t adding up politicians don’t usually change their stance on something as big as Bitcoin overnight without a personal or strategic motive.

When Trumpcoin launched and started pumping to around seventy dollars that was the clearest sign that hype not substance was driving the market it followed the same pattern as most meme coins built on emotion and personality rather than real utility people got caught up in the excitement thinking that because it had his name it would hold long term value but coins based on hype are only as strong as the moment they’re trending once the buzz dies the price follows. The lack of reserve and real backing only confirmed that it wasn’t built to last it’s easy for public figures to use their influence to stir enthusiasm in crypto communities but without solid fundamentals everything collapses eventually trump knew exactly how to ride that wave of attention and many investors paid the price for believing it was genuine support for Bitcoin instead of a political and financial move.

[Wakate]

Before president Trump ends his tenure, he might become one of the riches presidents in the history of the American people. Trump is so smart at what he does and he make decisions after perusing for hours before dropping it as news. His son has really done a tremendous job advising Mr Trump on some certain decisions he need to take relating to cryptocurrency. Trump is a good man and I thank God for making him the world president and soon, many are going to appreciate him for some of his vital decisions to bring peace to the world.

[Zanab247]

Before president Trump ends his tenure, he might become one of the riches presidents in the history of the American people. Trump is so smart at what he does and he make decisions after perusing for hours before dropping it as news. His son has really done a tremendous job advising Mr Trump on some certain decisions he need to take relating to cryptocurrency. Trump is a good man and I thank God for making him the world president and soon, many are going to appreciate him for some of his vital decisions to bring peace to the world.

Because you heard that his family earned such amount of money from crypto right, don't forget that some of them can make use of information like this to convince people to show interest in crypto without telling them the risk on crypto investment.

Trump is a rich man before he join politics to make more money, and many people knew that Trump will use this his  second tenure in government to create more opportunities to boost his wealth which is the news that is spreading.You said Trump is a good man but till now BTC is not a legal tender in his country, because as a  good man or world leader, he suppose confirm to the world presidents that BTC is good coin to make legal tender.

[ScamViruS]

This CZ guy need to be arrested again. He has been quiet about the affairs of Binance since he was fine by the United state government but recently, there are talks around that Trump want to pardon him. I'm not sure if that's true but he has change ever since I saw that news. He is a king of market manipulators, I don't like the way he feels anytime he is bullish on the market.

The way the market crash last week, they were quick to compensate trades on their dex, it was announced to be worth $400m but I doubt the authenticity of that value that was airdrop. Another thing is that centralized exchanges are contributing to this long and short market liquidation but they are always denying they do inside trading. I don't trust the CZ guy.

Mr. Trump pardoned him and you are talking about arresting him again which is very different from the reality. Basically we are now in a situation where the complaints of small people like us are of no importance to the immense power of big people. So accept reality and continue trading by managing your risk in your own way.

What happened in the markets on 10/10 and the massive consequences that crypto traders saw, many vested interests have made huge profits, and there is no doubt that it was preplanned. But who will give you justice?The people you seek justice from and expect justice from are now working as partners for each other. So here they are the ones who will drive the market for now, and maybe in the future they will design something even more terrible that is beyond our imagination.

[gunhell16]

If I look at the graph image, it’s clearly a rug-pull like, FOMO was really driving most of the investors, and once the momentum target was reached, BOOM! It dumped suddenly.
It’s tough for those who didn’t manage to sell when the price was still at least around $50.

That’s the risk with high-volatility shitcoins. If you’re going to ride that kind of wave, don’t aim for too much be content with small profits. If you get greedy and aim higher,
it hurts when it suddenly crashes because you’ll really take a hard fall.

[Josefjix]

That’s the risk with high-volatility shitcoins. If you’re going to ride that kind of wave, don’t aim for too much be content with small profits. If you get greedy and aim higher,

Taking profit is the main target when it come to trading meme coins owned by a public figure, because after the hype, there is nothing good that will come out of it, the market is a short term noisy era that completely passes away after then.

it hurts when it suddenly crashes because you’ll really take a hard fall.

The beginners and the greedy lazy old traders gets into the trap because of their ignorant. Beginners thoughts to be investing in celebrity coins is a good choice and give them that sense of security, but NO, that's a failed one.

[ScamViruS]

it hurts when it suddenly crashes because you’ll really take a hard fall.

The beginners and the greedy lazy old traders gets into the trap because of their ignorant. Beginners thoughts to be investing in celebrity coins is a good choice and give them that sense of security, but NO, that's a failed one.

When the Trump meme was launched, all the sentiments were different, very different from other celebrities. Because since Trump won the election by a huge margin, and he was pro-crypto from the beginning, there was a positive mindset among everyone about this project.  But crypto traders have learned a big lesson after experiencing the pump and dump of this project. A large portion of traders have faced huge losses by buying these memecoins. So these were launched with the aim of creating huge hype and quickly taking huge amounts of money from the market.

[coolcoinz]

This CZ guy need to be arrested again. He has been quiet about the affairs of Binance since he was fine by the United state government but recently, there are talks around that Trump want to pardon him. I'm not sure if that's true but he has change ever since I saw that news. He is a king of market manipulators, I don't like the way he feels anytime he is bullish on the market.

The way the market crash last week, they were quick to compensate trades on their dex, it was announced to be worth $400m but I doubt the authenticity of that value that was airdrop. Another thing is that centralized exchanges are contributing to this long and short market liquidation but they are always denying they do inside trading. I don't trust the CZ guy.

He was actually pardoned by Trump, so I guess Trump made enough money from his coins that he felt obliged to do something for the owner of the biggest shitcoin casino out there.

As for the Trump family shitcoins, I'm really surprised people wasted money on that. It has to bee greed and profit chasing mixed with stupidity because there are so many other coins with some real world use that you can buy, or promising investments like Solana. I'd never buy a coin that is such obvious money grab as Melania. I guess some people saw Trump coin and felt like they're showing support for the guy they wanted in the White House, but Melania coin? Give me a break.

[God Of Thunder]

I saw news reports that the Trump family has made gains this year. And I wasn't surprised because I thought their gains would be several times higher than what was reported, and I still believe that. Because how all the projects launched by the Trump family this year have performed in the market and how they have dumped the prices of those projects can be estimated as to how much their gains could be. It's sad for ordinary crypto users like us to see how big guys are entering the market and using their power to do whatever they want and take away huge amounts of money. And since they are powerful, more powerful people in the crypto market are helping them carry out these activities.

I knew the outcome of these tokens, and it's now a reality. I knew the Trump family would sell their shares, and the team behind the token would also make billions of dollars. It was a massive scam, but no one could report it because they didn't understand what was happening. Most importantly, they couldn't speak against Trump because that guy is a psychopath. However, he won't be in power for the rest of his life, and I hope that someone will speak out about it and file a lawsuit against him. It could be Zohran Mamdani, who was threatened with deportation by Trump multiple times because Zohran doesn't like Trump and his puppets. I doubt if Zohran understand Crypto well and if he is aware of this massive crypto scam.

[Promocodeudo]

Because you heard that his family earned such amount of money from crypto right, don't forget that some of them can make use of information like this to convince people to show interest in crypto without telling them the risk on crypto investment.

Trump is a rich man before he join politics to make more money, and many people knew that Trump will use this his  second tenure in government to create more opportunities to boost his wealth which is the news that is spreading.You said Trump is a good man but till now BTC is not a legal tender in his country, because as a  good man or world leader, he suppose confirm to the world presidents that BTC is good coin to make legal tender.

Unread through what you said, i think there's sense in things you have highlighted here so far, no doubt trump is smart and I think he's using his position as the most powerful president to do somethings that if not closely checked it will look convincing to people especially those that do not understand how things work in this space, of course irrespective what we here from politicians during their manifesto, they won't do anything different from what prompted them to contest elections in the first place, if we should be consider the statement of trump amd how he made some people believe that when he assume office as the president, cryptocurrency (Bitcoin) will be taken to the next level, what have we be seeing since then, it has been some intentional decisions to get himself more wealth, do even think is his intention to make Bitcoin a legal tender in his country, I don't think so, i think he has other plans, don't forget he is into crypto, he won't stop strategizing on how to get more wealthy through this system.

[yudi09]

In general, the profits earned by the Trump family from the meme coins marketed in the crypto space are inevitable. However, I feel sorry for the buyers who purchased TRUMP, MELANIA, and WLFI. I want to know the reason behind their decision to buy these meme coins—whether it is for as long as Trump remains in power or simply FOMO.
I also do not forbid those who wish to purchase these coins, but unfortunately, they will be disappointed if the coins they buy end up looking like trash in a basket. They won't be worth selling, and keeping them won't be beneficial. This is what I regret.

[hopenotlate]

This CZ guy need to be arrested again. He has been quiet about the affairs of Binance since he was fine by the United state government but recently, there are talks around that Trump want to pardon him. I'm not sure if that's true but he has change ever since I saw that news. He is a king of market manipulators, I don't like the way he feels anytime he is bullish on the market.

The way the market crash last week, they were quick to compensate trades on their dex, it was announced to be worth $400m but I doubt the authenticity of that value that was airdrop. Another thing is that centralized exchanges are contributing to this long and short market liquidation but they are always denying they do inside trading. I don't trust the CZ guy.

And on the contrary U.S. President Donald Trump has granted a full and unconditional presidential pardon to Changpeng "CZ" Zhao, the founder of the cryptocurrency platform Binance.
And it was not by chance that The Wall Street Journal had also claimed that Trump's cryptocurrency had benefited from a partnership with a platform linked to Binance.

Am disgusted to say the least.

[slaman29]

So so sad to see all this news honestly. As usual rich and powerful people make money and regular people lose.

Not saying only normal people can use crypto but the way all of it becomes so warped and twisted, and even helped them make more money than with normal dollars is so disheartening.

So many good people to pardon and Trump did it for CZ. Sad.

[EarnOnVictor]

It would be a misconception to say that Trump's family made just $1B this year. I am certain that they have made way more than that. Trump is a smart guy, and those who advised him and his family to venture into cryptocurrency when the ovation was at the loudest did so well for them. As always, they saw the opportunity and gullibility of the people, and used it against the people to their advantage. So while people lost and were crying, Trump's family had so many to celebrate. That's cryptocurrency for you! They won the presidency and still have their accounts full. To them, it's all win-win. That is why you will always see his family saying good of cryptocurrency.

[letteredhub]

That's what the market manipulation is all about then, just for his benefit and that of his associates. I just see that he is not yet done with the market yet but what ever goes down, Bitcoin will survive it and those that knows that would take the opportunity of buying at the bottom will do so while the weak hands will also sell off in lose.

But how some traders get very comfortable investing so much money into these shitcoins really do amazes me and I think it has to be studied as to what really drives them to do that. Is it  just greedy or something greater than that.This crypto market manipulation mostly affects those  shitcoins traders with long leverage but as for spot traders on bitcoin these manipulations has little or no effect severely on them because telling from how all this is going, bitcoin price would rally up in time.

[dimonstration]

That's what the market manipulation is all about then, just for his benefit and that of his associates. I just see that he is not yet done with the market yet but what ever goes down, Bitcoin will survive it and those that knows that would take the opportunity of buying at the bottom will do so while the weak hands will also sell off in lose.

But how some traders get very comfortable investing so much money into these shitcoins really do amazes me and I think it has to be studied as to what really drives them to do that. Is it  just greedy or something greater than that.This crypto market manipulation mostly affects those  shitcoins traders with long leverage but as for spot traders on bitcoin these manipulations has little or no effect severely on them because telling from how all this is going, bitcoin price would rally up in time.

They are not confident rather they are willing to that high risk due to possibility of huge return. There’s already a lot of cases that a meme token explode above x100 even the most shittiest one without any backer from prominent person.

Trump meme coins is easy to attract investors because the President himself is the one hyping it while he is still hot on the crypto community due to his support on Bitcoin during his campaign and failed assassination against him.

[Lucius]

~snip~
Well, that's how harsh the market is so for those newbies here, learn your lesson. Don't buy Trump-related tokens hoping that it will increase it's price in the long term.

It's easy to say "don't invest", but when I remember that some literally fell into a trance because of, as they said, the first crypto president - then it's no wonder that they were left with empty pockets, while their president, along with his family and close friends, got rich. He refinances his debts with that money, while at the same time people close to him figure out how to extract even more money from naive investors.

I always remember the old saying "be careful what you wish for, because it might come true".

[ScamViruS]

So so sad to see all this news honestly. As usual rich and powerful people make money and regular people lose.

Not saying only normal people can use crypto but the way all of it becomes so warped and twisted, and even helped them make more money than with normal dollars is so disheartening.

So many good people to pardon and Trump did it for CZ. Sad.

Trump pardoned CZ only to take maximum advantage of their family business, because his sons are behind it.And they are already making billions of dollars with CZ's advice, and they think their loyal CZ will be more profitable for them in the future, so they set him free and now he can do whatever he wants aggressively.

What the rich and powerful are doing in crypto now should be seen by us the little ones, because we have no option to resist it. They have no value for good people, but rather they are doing it now to benefit themselves by pardoning whoever they can.