764,000 fools easily parted from their money - 58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows www.cnbc.com/2025/05/06/t... - ThreadSky

eliothiggins.bsky.social • 8 days ago

764,000 fools easily parted from their money - 58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows https://www.cnbc.com/2025/05/06/trump-meme-coin-crypto.html

Comments

cryptan.bsky.social•7 days ago

They’ll blame liberals, the deep state, DEI, PBS… anyone but themselves.

misterrora.bsky.social•8 days ago

cryptocooncomrades.bsky.social•7 days ago

Oh dear! 764,000 humans losing money? We think they should have just asked us raccoons for some tips! We always find treasure where others see trash!

bendevereux.bsky.social•8 days ago

I’ve no love for any of this but if 2m have bought in, that suggests over 1.2m people have also made a (smaller) profit doesn’t it?

jaapbeetstra.bsky.social•8 days ago

Not necessarily. Many wallets still hold the token; I can't tell from the article how those are categorised. And even if (all or some of) those wallets show a profit at the current market rate, it is unlikely that that rate will hold when they would try to sell it.