The New York Times: About one million investors in Trump-themed tokens have collectively lost $3.81 billion
ChainCatcher news, according to The New York Times, by the end of June, nearly 1 million investors had participated in various Trump-themed token investments, with a cumulative loss reaching 3.81 billion US dollars. Cryptocurrency analytics firm Nansen analyzed the trading mechanism and stated that the fee distribution rule for these tokens enables Trump to profit in both upward and downward market trends, with the main source of income coming from ongoing transaction fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Island Concepts Indonesia issues corrected August securities holders registration report
Toho Titanium to double ultra-fine nickel powder capacity for MLCCs from 2027
Radana Bhaskara Finance releases transcript of 2026 annual public expose live event
Austral Gold discusses shift from Casposo tolling deal to buying Challenger’s Hualilan ore
