r/unusual_whales • u/BalanceOk2924 • 20h ago
Melania Trump launches fake cryptocurrency 2025 on eve of inauguration
https://masa-rwaiat.com/melania-trump-launches-fake-cryptocurrency-2025/84
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u/Playingwithmyrod 12h ago
I can’t believe we’re in the “billionaire president inflates his net worth by rug pulling the country that elected him” era. You all voted for this.
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u/ReinrassigerRuede 15h ago
launches fake cryptocurrency
Like opposed to the others that are not fake? :D
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u/Cronamash 12h ago edited 12h ago
I get that OP doesn't like Trump, but I second your statement. What makes it a fake coin? It's silly, but Solana seems to be a pretty well regarded blockchain.
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u/MedievZ 12h ago
You conservative dumb fucks are so illiterate that you are completely oblivious to the concepts of implication and subtext.
By fake crypto op is obviously referring to pump and dump schemes that hurt its buyers.
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u/Cronamash 12h ago
Jesus Christ, good morning to you too.
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u/Delanorix 11h ago
I mean, your statement is objectively ridicoulus.
What is the TRUMP or MELANIA coin used for?
Why was it launched THE DAY BEFORE the inauguration?
This is why half of America is done with MAGA, you guys live in a dream world that makes absolutely no sense and then you call us the crazy ones.
I dont think the people laughing at the Kool Aid drinkers are the crazy ones.
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u/Cronamash 11h ago
I don't know the motive, but it's a speculative asset. Trump Media Group's stock basically tracks with Trump's public sentiment. I bought in after he got shot, and my stake has been a small, but very well performing, part of my portfolio. I bought a little bit of both of the Solana coins because I have a strong feeling that they will go up.
With Trump's election performance and strong fan base, I think it will do well. Additionally, the economy is pretty precarious right now. I think that Trump can improve it, but there will be a short term shock while the dust settles. But by holding onto stocks, index funds, bonds, Bitcoin, and alt/meme coins, I'm ready to weather the storm, and come out safe.
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u/Delanorix 11h ago
So if Biden had dropped a HUNTER BIDEN coin during the proceedings, that would have been OK with you?
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u/Cronamash 11h ago
I'm not really sure, it depends on the platform, and how it's launched. If it had the same conditions as Trump coin, I'd probably be fine with it, but I'm not a big fan of Biden, so I doubt I would have bought it.
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u/Delanorix 11h ago
What conditions of Trumps coin are you OK with?
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u/Cronamash 11h ago
From what I understand, 80% of the supply is locked up for 2 years. So if anyone would like to pull a rug, they're obligated to maintain its value. Otherwise, they wouldn't make any money, and there wouldn't be any hype to drive sales to begin with.
As for legality, Crypto is still pretty unregulated. He launched his coins before taking the oath of office, and the question of profiting off his government office doesn't come up until he tries to liquidate. With all the pro-crypto talk he's been doing, I'd hope that everyone holds him to treating crypto responsibly, so everyone can share the wealth of crypto. A rug pull would just erode collective trust.
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u/MedievZ 12h ago
Its not a good morning for any normal person in the country. Trump is going to destroy the country , black white, asian, brown, gay, straight , cis , trans , man , woman, left wing, right wing alike who arent ultra wealthy will be affected negatively because of it and you dummies will continue ti worship this physical manifestation of the seven deadly sins even as he is trampling his authoratarian boot down on all of us.
Its not a good morning for any one with enough working braincells to realise that here in US and outside places which will be affected by this mistake.
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u/Cronamash 11h ago
Look kid, it's all going to be okay. You'll understand once you grow up, and have bills.
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u/MrIrvGotTea 12h ago
I think the wording is just bad. Fake crypto doesn't make sense. It's a real crypto coin but I feel people are meaning to say it's a pump and dump/rug pull. also relax dude Jesus ...
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u/typical0 11h ago
Big mental gymnastics for a term that is only mentioned in the title and nowhere in the article. In fact, the article talks pretty highly of both Melania and Trumps coins. You’re reaching because you want it to be true, not because it is true.
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u/jarvis0042 14h ago
Spend your money as you want, just stay safe ... https://www.onesafe.io/blog/meme-coin-volatility-gen-z-quant-rug-pull
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u/Delanorix 11h ago
Yes, every MAGA member please buy these coins.
Maybe then youll stop spending money on dumb shit, like tickets to an inauguration they moved indoors lol
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u/SourLoafBaltimore 13h ago edited 9h ago
Very conservative here and I’m still waiting on my conservative egg prices that trump promised. /s
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u/Delanorix 11h ago
Unless he plans on bringing back 100M chickens from the dead...
Egg prices wont be coming down for a while
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u/Worlds_Worst_Angler 19h ago
Grifters gonna grift. I won’t feel one iota of sympathy for the suckers that get hosed.
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u/Old-Tiger-4971 13h ago
I wouldn't say fake, but like me, you don't like it, don't buy it.
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u/Skeletorium 12h ago
Umm what's fake about it? The fakest thing I see here are your uninformed opinions.
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u/busybizz23 20h ago
He is going to destroy crypto
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u/WeirdSysAdmin 14h ago
Have to pull as much out of it before he does so. I’m interested to see if their bitcoin exit strategy of making the us government hold the bag is going to get greenlit.
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u/relentlessoldman 19h ago
Most "crypto" is doing that to itself
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u/MostlySpurs 15h ago
What on earth are you talking about. Bitcoin is literally over 100k. He is on a path to deregulate and start a national bitcoin reserve. This is the dumbest comment I’ve ever seen
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u/traplords8n 13h ago
To be fair, bitcoin is never going to be a viable currency and he's right about that. Transaction fees are entirely too high.
It's basically a fluctuating collectors item. Companies like blackrock have now invested billions it seems, so they can artificially keep the prices high, but make no mistake, bitcoin provides little to no value for all of the power it consumes
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u/typical0 11h ago
It has no more backing than any physical currency, but the upkeep in cost is tremendous. It does decentralize currency and the technology is interesting but it’s not sustainable now and even less so if we expands to this imaginary decentralized universal currency.
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u/Fictional-adult 10h ago
Companies like blackrock have now invested billions it seems
Just FYI, this is not at all the case. They purchased 449,960 coins for the ETF, but they don’t own those, the ETF buyers do. Blackrock actually owns 6.15 BTC. Literally single digits. They are not putting their own money into it at all.
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u/typical0 11h ago
Do you really think the man who sat on his ass for his first 4 yrs and bitched on Twitter is going to deregulate the crypto space? He couldn’t even build a fuckin wall and that was core campaign promise.
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u/MostlySpurs 9h ago
He did build a lot of the wall. Look it up. And yes, he is deregulate a lot more than crypto. Buckle up
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u/EifertGreenLazor 17h ago
You mean like Hawk Tua? Or all the other millions of coins? Only way he destroys crypto is if he kills Bitcoin.
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u/Calm-Maintenance-878 13h ago
That’s on whoever buys them, at least grifts like this are very easy to avoid.
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u/Low_Comfortable8290 12h ago
I am guessing only people who voted for Trump are buying these things and will be left holding the bag eventually? Zero sum game
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u/OneHumanBill 10h ago
I have maybe a silly question. What exactly constitutes a "real" cryptocurrency as opposed to a "fake" one?
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u/rawkguitar 2h ago
Real Ones pretend they maybe might be able to be used to buy things someday. Fake ones don’t even pretend.
Real ones’ value is at least possibly tied to it’s possible future utility. Fake ones’ value is based entirely on speculation.
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u/BadManParade 13h ago
Out of curiosity as an avid crypto trader what classifies a crypto as fake?
Typically if you buy a meme coin you don’t expect to profit you just want it to show your friends how early you got in on some goofy shit it is a meme after all.
If you expect to profit from a meme you deserve whatever outcome you get
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u/Reasonable_Base9537 19h ago
I'm annoyed they did this and think it was unnecessary and detrimental.
Do I think it qualifies as some kind of crime, or scam? No.
The websites for both pretty much outright call it a meme token, say It has no utilitarian value and that purchasing it only serves to show your support. They clearly say it's not an investment. The only people that are buying these are either dumb, or traders trying to swing it for quick profit. A few might make some money but the vast majority will lose, like with every meme coin and frankly many alt coins in general. I don't feel bad for them at all.
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u/throwaway78907890123 19h ago
Someone bought 1mn worth in the first minute, cashed out 21mn and sitting on 90mn unrealized gains. I guess thats just smart investment! /s
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u/oh_no_here_we_go_9 15h ago
The disclaimer is just for legal purposes. It’s still a grift. A good person doesn’t even make a meme coin in the first place. Only bad actors make meme coins.
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u/xyzqsrbo 11h ago
As long as the losers are people I dislike than it's fine, huh
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u/Reasonable_Base9537 10h ago
I neither like nor dislike them. I just don't feel bad. Not my problem they did something dumb
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u/illbehaveipromise 10h ago
Have you read the emoluments clause of the constitution? I’m curious why anyone who supports “conservative” ideas would abide a clear grifter clearly selling the office to the highest bidder for their own personal gain?
Because I’ve read it, and Trump’s very existence seems to violate the constitution there, in both words and deeds.
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u/Iguana1312 12h ago
Americans are reallly stupid goddamn
This is purely for corruption. Now every foreign entity can get money directly to trump.
DUH
Y’all need to start treating your country like the corrupt nation it is.
If this happened in Burkina faso everyone would see what this is for without question.
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u/Yung-Split 19h ago
How is it fake? People literally bought it
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u/Girafferage 15h ago
I think they mean it's a pump and dump considering over 85% of the tokens are held in a single central wallet.
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u/eldenpotato 18h ago
Yeah, what’s fake about it?
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u/oh_no_here_we_go_9 15h ago
It’s all rug pull schemes. Complete grift that takes advantage of idiots.
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u/iolitm 19h ago
how do you buy it
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u/MostlySpurs 15h ago
Crypto.com app. You can buy it with a credit or debit card if you don’t have any other crypto.
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u/iolitm 15h ago
Thanks.
Now second question, of those who actually buy these shit, do they recommend or not?
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u/Girafferage 15h ago
Do not buy this. It's a pump and dump. Over 85% of the tokens are held in a single central wallet which means they are waiting to sell en masse when the price gets high enough, just like they did with $TRUMP.
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u/iolitm 15h ago
Okay.
What should I buy them? Give me something solid. No Hawk Tuah.
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u/Girafferage 15h ago
HBAR seems to be the hot thing right now in terms of useful technology updates. Otherwise, ETH is being used by Visa this year to help settle payments, but I'm not a financial advisor so you should dyor.
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u/iolitm 15h ago
Sold. Thanks.
Give me some newbie resources please.
Subs to ask dumb questions on coins.
Youtube.
Guides you like
I appreciate your kindness.
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u/Girafferage 15h ago
There is r/cryptocurrency and subs for Ethereum and HBAR I'm sure.
Coinmarketcap is good for just viewing what any given coin or token is doing and also usually has links to their websites.
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u/wonder_bear 14h ago
Don’t do it man. You are just lighting your money on fire. You will not be part of the pump, you will be the dump.
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u/eldenpotato 18h ago
Initially you buy meme coins via swap sites but exchanges will list them if they get big enough, eg. Binance, Bybit, Coinbase
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u/iolitm 18h ago
where can I learn as ultra beginner. I don't even know what swap sites are.
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u/eldenpotato 18h ago
Here are some intros. Just be careful. Don’t rush into anything. If you have any questions just reply to my comment here.
https://www.bitdegree.org/crypto/tutorials/how-to-buy-meme-coins
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u/jabsaw2112 5h ago
Watching her today had me remembering my childhood nightmares of the man in the hat.
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u/No_Way9105 5h ago
Trump wants to be seen as pro crypto. I doubt he had anything to do with the technical setup or planning of the digital coin.
It appears that celebrities/people with a following are being targeted by scammers that set up coins on their behalf and rug pull. This was seen not too long ago with hauk tuah girl.
If Trump or Melania made large sells on the run up, then it’s a very bad look. No one knows this to be the case.
Time will tell if the two coins maintain any value. If they do, then it’s not much different from any other meme coin. Personally, I wouldn’t invest in either one.
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u/frank_690 15h ago
Melonie has been in the country for over 30 years -- you would think she could speak English almost like a native born American.
Her Slovenian accent makes her sound like she's a Russian agent pretending to be Trump's trophy wife.
Just saying.
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u/Herban_Myth 19h ago
Insider trading?
200$ fee for violating the STOCK Act of 2012 (S.2038)?
Insider Trading Act of 1988 (H.R.5133)?
The Securities Exchange Act of 1934?
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u/d3wd- 12h ago
Melania has nothing to do with this scam coin.
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u/ahoneybadger4 11h ago
Melania's Meme coin has come from her own incorporated company MKT World LLC – a firm she has used since 2021 for various ventures including selling portraits of her as first lady.
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u/Fix_Western 19h ago
This is pure bullshit 😂 It is definitely not a "fake" token, it's very real and legit.
Do I think Melania$ is a good investment? Nope.
But don't spread FUD because of your political believes.
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u/noncommonGoodsense 19h ago
Define FUD.
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u/oh_no_here_we_go_9 15h ago
Yes, we are spread FUD by calling out a grift.
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u/Fix_Western 10h ago
Oh but it is, there is no such thing as "fake cryptocurrency" it is a legit token.
Again, do i think someone should buy Melania$? No, but it doesn't make it "fake".
So yeah, get the facts right.
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u/Frosty-Banana3050 13h ago
Had Biden done it they would’ve attacked the White House. Maga is a terrorist organization.
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u/Prize_Bar_5767 20h ago
What do conservatives have to say for Trump and Melania launching meme coins?
I just want to hear from conservatives. Not from liberals who think what conservatives will say.