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Mmastodon BusinessCrypto first seen 5 h ago, last 6 min ago, peak #1

Crypto investors call Trump's memecoin a rug pull

Original: "The whole thing is a rug pull." CRYPTO INVESTORS backing Trump are now saying it. Even BILLIONAIRE Justin Sun got burne

Crypto investors who backed Donald Trump are accusing his $TRUMP token of being a rug pull after its price crashed. Billionaire investor Justin Sun is among those reported to have taken losses, while Trump reportedly earned around $1.4 billion as supporters' holdings collapsed. The anger comes amid weak polling numbers for Trump, including 19% approval among under-30s and 63% of respondents preferring a Democrat-controlled Congress.

Why now: The $TRUMP token's crash and losses for prominent backers like Justin Sun have fueled fresh accusations of a rug pull.

Donald TrumpJustin Sun$TRUMP token

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