Trump memecoin investors lose billions

Investors in Donald Trump's memecoin have reportedly lost over $4.3 billion, with the token's value plummeting by approximately 93% from its peak. The associated Melania Trump memecoin has seen an even steeper decline of 99%. While insiders linked to Trump affiliates have profited significantly through fees and strategic sales, retail investors face substantial losses. The token's value has been artificially inflated by events and galas offering exclusive access, but experts warn of insider control and a lack of long-term value, raising concerns about investor protection and potential regulatory intervention.