UPDATED SAT 17 OCT · 20:32 UTCLIVE
CryptoHigh

$TRUMP Token: Team Extracted Up to $1.16B, Buyers Down 97%

On-chain data shows the team behind the $TRUMP meme token extracted between $779M and $1.16B from buyers, who are now sitting on 97% losses.

What we know

An account on X RTs data from another account on X quantifying the $TRUMP extraction and buyer losses. This adds to ongoing meme coin caution narratives circulating across the Goats and crypto general feeds, where round-tripping large gains and PvP dynamics were also major themes.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.