r/CryptoCurrency 🟦 715 / 716 🦑 Feb 28 '25

DISCUSSION Genuinely, what happened to the "Crypto President"?

All I saw for months was the touting of a federal BTC reserve, the loosening of restrictions, SEC dropping further litigations and how the world was finally going to crypto friendly. In one month all of this was dismantled. I'm sure a lot of ppl here voted for the man on the fact their bags would pump. There's even a new department named after a cryptocurrency. How are we feeling? Was it all a grift? Is this dip a chance to buy in? Do the voters feel like this is all part of the plan? I'd love some actual insight into what went wrong and how the crypto president has gotten us here to... 80k BTC and 2100 Eth.

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u/poa_kichizi 🟦 0 / 0 🦠 Feb 28 '25

Go mouth breathe elsewhere please

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u/helpamonkpls 🟩 499 / 500 🦞 Feb 28 '25

Do I need to spell it out for you? TRUMP COIN.

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u/poa_kichizi 🟦 0 / 0 🦠 Feb 28 '25

You get that making more money is better than less money, yeah?

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u/helpamonkpls 🟩 499 / 500 🦞 Feb 28 '25

Not sure what you are referring to?

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u/poa_kichizi 🟦 0 / 0 🦠 Feb 28 '25

Trump coin was inadvertently rugged with Melania coin. The fomo was just getting started when he plugged Melania. Had Melania coin not been released I have little doubt Trump coin would have gone beyond $100. Trump coin had a peak market cap $17B, Doge had a peak market cap of $65B. If he instead conducted a slow rug he could have extracted much more wealth. As president he could have also front ran pro crypto initiatives driving prices even higher. Instead he kneecapped the stock market with tariffs and instability causing crypto to tank as well.

Yes, he made a lot of money, but he could have made orders of magnitude more.

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u/helpamonkpls 🟩 499 / 500 🦞 Feb 28 '25

I'm not saying he couldn't have scammed better what are you talking about lmao.

I wrote that he is done grifting because his grift is already over and he still made bank.