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Trump-Linked Crypto Promoters Abandon Retail Investors as Market Craters
Trump-Linked Crypto Promoters Abandon Retail Investors as Market Craters
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Political opportunism meets crypto carnage—again. So-called ’pro-Trump’ token projects and their backers have quietly exited positions while retail traders cling to hopium. Sound familiar? Just another pump-and-dump wrapped in patriotic branding.
Behind the scenes: Promoters leveraged Trump’s pro-crypto tweets to boost obscure assets, then dumped holdings before SEC scrutiny intensified. Classic ’buy the rumor, sell the news’ play—except the news was regulatory doom.
The fallout: Small investors left holding bags of depreciating ’MAGA’ tokens now face 90%+ drawdowns. But hey, at least the grifters pocketed enough for a Mar-a-Lago membership.
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