The Trump family grift machine.
Every major scam and why betting on Trump-branded investments has been financial suicide.
Just look at the track record.
Let me walk you through it.
1. TRUMP meme coin
Launched days before the January 2025 inauguration on Solana. Peaked at $75.35 with a multi-billion market cap. Current price: around $1.70.
That’s down 97.7% from the peak.
Pure pump-and-dump. Early buyers and insiders cashed out. Retail (many of them MAGA supporters) got left holding bags.
2. MELANIA meme coin
Launched right after the Trump token. All-time high $13.73. Current price ~$0.075.
That’s down 99.45%.
Same pattern. Hype, distribution to insiders, collapse. Family-adjacent branding used to extract millions from retail before the dump.
3. DJT (Trump Media & Technology Group)
Went public via SPAC in March 2024. Traded above $79 shortly after debut. Current price ~$7.50.
Down 90%+ from the post-IPO highs.
The company loses hundreds of millions annually with minimal revenue. The valuation was political hype. The business never matched it.
4. ABTC (American Bitcoin Corp)
Eric Trump and Donald Trump Jr. own roughly 20% via the structure. Went public through mergers and now lists on Nasdaq. Holds thousands of Bitcoin.
52-week high: $14.52. Current price: around $0.78.
Down ~95% from the recent high.
The structure let the Trump sons monetize via public markets while retail shareholders bled out. Sons get rich. Public bagholders get rugged.
5. The historical pattern
This is not new behavior. The family has run this playbook for decades.
Trump Taj Mahal opened April 1990. Filed Chapter 11 by July 1991. Trump Plaza and Trump Castle into bankruptcy in 1992. Trump Hotels filed again in 2004 and 2009.
Trump University settled a fraud lawsuit for $25 million in 2016.
Trump Steaks. Trump Airlines. Trump Shuttle. Trump Vodka. All failures. All used the brand to pull capital and sell dreams.
Trump himself never filed personal bankruptcy. His companies did. Repeatedly. Creditors took haircuts. Partners got wiped out.
The pattern:
Hype the Trump name. Pull in retail capital. Extract maximum value early through token launches, SPAC pops, public listings, and licensing fees. Leave retail holding 90-99% losses.
Family and insiders always positioned to benefit. Public investors always absorb the downside.
This is a repeatable extraction model.
If you are still holding any of these hoping for a recovery, good luck.
The bubble soon burst...
3D System’s growth started to slow and the stock went down, down, down...
I didn't fully understand the hype cycle, which ended up costing me a bundle
Lesson: The hype cycle is real. Study it!
Tesla is now producing cars in 4 factories on 3 continents. @elonmusk
In total, @Tesla now has 6 factories on 3 continents:
• Fremont, CA
• Giga New York
• Giga Nevada
• Giga Shanghai
• Giga Berlin
• Giga Texas
This is just the beginning of Teslas move to massive scale.