President-elect Donald Trump has now found yet another way to convince his followers to throw their money his way — this time with a questionable cryptocurrency venture.Axios is reporting that the soon-to-be 47th president of the United States has rolled out a "meme coin" dubbed $TRUMP, which is bei...
  • grue@lemmy.worldEnglish
    117·
    3 months ago

    Jimmy Carter sold his fucking peanut farm, and now this is the point we’re at.

      • ours@lemmy.worldEnglish
        8·
        3 months ago

        The sci-fi books/series “The Expanse” features a rogue lab where all the scientists got the part of their brain responsible for empathy intentionally destroyed.

        I sometimes think about that and wonder what it would be to be like that. How easy it would be to make a ton of money. And how sad it must be for these people to live only for themselves.

    • CharlesDarwin@lemmy.worldEnglish
      2·
      3 months ago

      …And that’s not the Onion? Looks like she is laughing so hard at the idiot peasants getting rug-pulled already in that pic.

      And also: “you can buy Melania”? Um, phrasing?

  • HelixDab2@lemm.ee
    391·
    3 months ago

    This is a clear and obvious pump-and-dump. Anyone that falls for this deserves to be fleeced.

    • Bob Robertson IX@lemmy.world
      20·
      3 months ago

      skeet (the generally accepted term for a Bluesky post)

      Can we just agree that they are all just “posts”? No more “tweets”, “Toots”, “xeets”, etc… it’s just a post.

  • MothmanDelorian@lemmy.world
    25·
    3 months ago

    This is not a rugpull but a readjustment. The purpose of this coin and Melania’s coin is to get around laws preventing foreign sources from donating to or bribing Trump.

    • rayyy@lemmy.world
      3·
      3 months ago

      Well yes and no. It’s a way for foreign countries to launder their bribes. They “buy” the coins knowing he will get the money. The quasi-rug-pull part is him extracting the laundered money. Everyone, except his shit-head followers, understands this.

      • MothmanDelorian@lemmy.world
        1·
        3 months ago

        I suspect this coin might not be a complete rugpull though. I suspect the rugpull cones at the end if his term or when he dies whichever comes first.

  • Wispy2891@lemmy.world
    221·
    3 months ago

    “Let me tell you, folks, this, what we’re seeing right now, it’s HUGE, okay? I mean, some people are saying—and I don’t know, but they’re saying—it could be the biggest rugpull in the history of rugpulls. Tremendous potential. Absolutely tremendous. Nobody’s ever seen a rugpull like this before, believe me.”

  • CharlesDarwin@lemmy.worldEnglish
    16·
    3 months ago

    This is the Rug Pull Administration, after all. Might as well kick it off with really, really big and obvious grift.

  • sumguyonline@lemmy.world
    81·
    3 months ago

    All you need to know about investing in Donald j trump investment vehicles:

    1. Ryan Cohen a known extreme trump supporter endorsed Donald J Trump within days of crashing the short interest on GameStop Stock by selling billions in shares for cash he did not need as he already had nearly 1 billion saved. He did this to be timed with when the shorts were going to start buying. He betrayed every single one of his long term investors for thieves shorting companies illegally, then turned around and endorsed Donald Drumpf on X(itter). This is Donnie’s game plan, and every single one of his billionaire supporters game plan for how the next 4 yrs is going to go. Do not invest in anything even remotely related to Donald J Trump. It’s more than likely a ponzi scheme, even the viable businesses are just going to pump and dump then leave you holding the bags.
    • futatorius@lemm.ee
      21·
      3 months ago

      Unless and until he is stopped. I wonder if anyone is trying to take down the exchange?