The $Trumpcon
Memecoins started as a fad. A niche but fun way to bet on the longevity of internet trends. But then, days before his second inauguration, Donald Trump launched his own, $TRUMP… and changed the game. The value soared as supporters piled in, before crashing when his wife, Melania Trump, also released one. Amid the mayhem, one early buyer of the coin walked away with $109 million.
The path to finding out who profited from $TRUMP goes through Argentina, where a young and naive entrepreneur called Hayden Davis attempted to pull off a similar stunt with the backing of the nation’s libertarian…
The skinny
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