On January 17, a $1,096,109 bet on the newly launched cryptocurrency $Trump quickly propelled its price from 18 cents to $75, helping early investors reap massive profits. One unidentified trader managed a profit of $109 million within two days. However, this surge resulted in considerable losses for over 810,000 wallets, amounting to more than $2 billion. The Trump family garnered nearly $100 million in trading fees from this venture, raising questions about market manipulations and the impact on later investors.
A mysterious $1 million bet on a newly launched cryptocurrency linked to the Trump family quickly sought huge profits but left many investors with significant losses.
Early investors profited enormously from the $Trump token launch, with a notable gain of $109 million, raising concerns about the potential for investor exploitation.
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