Summary
Donald Trump’s meme cryptocurrency, $Trump, surged to a $14 billion market cap after launch but fell by over 50% after Melania Trump introduced her own token, $Melania, diverting investor interest.
$Trump partially recovered to $64 while $Melania reached a $13 billion valuation.
The tokens, marketed by Trump-controlled companies, sparked debate over their speculative nature, market volatility, and potential conflicts of interest.
Trump’s pro-crypto stance and promised deregulation have boosted digital currencies, though critics question the ethics of profiting from political office.
I miss when crypto’s purpose was to buy exotic drugs from strange corners of the internet.
I bought the first solid state drive I ever owned with about .7 BTC I mined on my GPU years ago, well before it blew up and when there was still a hope of it being a legitimate alternative currency. Now it’s just gambling.
I got a Galaxy S4 with my .5 BTC, I’m guessing around the same time.
The Galaxy S4 was such a good phone. I rocked that thing for almost 5 years. I was bummed that my next phone (Galaxy S8) didn’t have the IR blaster so I could use it as a universal remote.
What’s wild is I’ve seen vendors go from onion only, to telegram, to full on clearnet pages just with a coin wallet now.