Imagine a special digital coin called $Trump, named after President Trump! It was a new kind of money, like Bitcoin but based on an internet meme. Lots of people bought it hoping to get rich quick.
At first, the price went way up, making some people very happy. But then, something big happened. The price crashed!
Many people lost a lot of money. This shows how risky investing in cryptocurrencies can be.
- The $Trump coin started at 18 cents, then shot up to $75.
- Early buyers made big profits, but later, many people lost money.
- The price dropped to about $17, causing billions of dollars in losses.
| Fact | Number |
|---|---|
| Starting price of $Trump | $0.18 |
| Highest price of $Trump | $75 |
| Current price of $Trump | ~$17 |
| Estimated total losses | $2 Billion |
