“If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

“This is a woman who spoke to Reuters,” Bash said. “She put $2,000 of her savings into the $TRUMP meme at the end of May. Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme. The second investor, Matt, a 45-year-old machinist in Indiana, put $40,000 into $TRUMP family tokens … Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”

  • Captain_Patchy@lemmy.world
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    7 days ago

    Anyone stupid enough to buy this memecoin thinking that anyone but trump would make money on it is suffering from the real trump derangement syndrome.

    • ChickenLadyLovesLife@lemmy.world
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      6 days ago

      Many of my coworkers are trumpers and they love to talk about “trump derangement syndrome”. Whenever they bring it up I agree with them and say “yes, trump is highly deranged” and they get all apoplectic. “That’s not what it means!”

      • BarneyPiccolo@lemmy.today
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        6 days ago

        I always tell them that the people with Trump Derangement Syndrome are the MAGAs. His disapproval ratings are around 65-75%, those aren’t the deranged ones. The deranged ones are those who are still following him after EVERYONE else in the entire world has fully accepted that he is a Traitor, Racist, Pedophile, Mysoginist, Virtuosically Incompetent,band mind-bogglingly Corrupt. None of that is speculation or propaganda, it is simple American History.

      • prole@lemmy.blahaj.zone
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        6 days ago

        If you’re not angry nearly to be point of derangement by now, then fuck you you’re part of the problem