US President Donald Trump and his wife Melania Trump launched their own memecoins, TRUMP and MELANIA, just a few days before Trump's inauguration.
As these memecoins created huge hype, investors flocked to them. This caused incredible increases in their prices, which were followed by a major crash.
While this collapse caused losses to investors who bought TRUMP and MELANIA at high levels, a citizen complained about Donald Trump and his wife Melania Trump to CIMER.
While it was stated that the complaint was made due to crypto money, the complainant claimed that Donald Trump and his wife were issuing crypto money and defrauding people.
At this point, the complainant stated that he was complaining about the Trump couple, claiming that the TRUMP price had dropped from $75 to $16.
“American President Donald Trump and his wife Melania Trump have defrauded people by issuing cryptocurrencies. It fell from $75 to $16. I am complaining about these two.”
After its launch, TRUMP rose to $77, but after experiencing major declines, it is still trading at $18 at the time of writing.
*This is not investment advice.
