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Cryptocurrency News Articles

TRUMP Token Dinner Turns to Disaster: Investors Hit With Massive Losses💵☠️💸

May 24, 2025 at 07:13 am

Newly surfaced data from The Guardian paints a troubling picture of the $TRUMP token fallout. Among the 220 exclusive attendees at the high-profile TRUMP Dinner, nearly 43%—a staggering 95 individuals—have seen their entire investments vanish. In total, a jaw-dropping $8.95 million has been lost.

TRUMP Token Dinner Turns to Disaster: Investors Hit With Massive Losses💵☠️💸

A private dinner with former President Trump at Mar-a-Lago in February was hyped as a major event for attendees, but it also brought a slew of investors to nearly devastating losses, according to a report by The Guardian.

Of the 220 exclusive guests at the $TRUMP Dinner, 95 saw their entire investments vanish, while a total of $8.95 million was lost, according to the report. Among those hit hardest was a user known as GAnt, who had climbed to #4 on the leaderboard with an investment of $1.06 million, which is now completely gone.

Another major casualty is Meow, a VIP participant who lost a whopping $621,000.

Launched in January, the $TRUMP token has been on a steep decline. The token, which is backed by former President Trump, began with high hopes and saw many investors jumping in during dips in an attempt to save their investments. However, the majority of those who bought low went on to lose their entire investments.

The $TRUMP token is still trading at $0.00037, down over 99% from all-time highs of $0.003446, which is quite ironic considering the token's all-time lows were around $0.0001. The token faced a short-lived recovery earlier this year, rising to highs of $0.001 in February before continuing its downward trend.

At its peak, the token's price was around $0.003, with a market cap of $3 billion. However, the project faced difficulties in 2023, leading to a decline in the token's price and a decrease in the project's overall activity.

The project's website and social media channels are no longer active, and the token's liquidity has also decreased significantly. As a result, the token's price has become highly volatile and unpredictable.

Despite the project's setbacks, there are still some investors who believe in the project's long-term potential. The project's supporters are hoping that the project will be able to overcome its current difficulties and continue to develop innovative products and services in the future.

However, the project's critics argue that the project is a scam and that investors should be aware of the risks involved in investing in such projects.

Only time will tell what the future holds for the project. However, one thing is clear: the project has faced a significant setback, and investors who had high hopes for the project are now facing major losses.

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Other articles published on May 24, 2025