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In the second term of President Donald Trump, his family invested significantly in crypto assets, but now they are facing extreme volatility. The value of a memecoin associated with Trump has dropped by 25% since August, and Eric Trump's stake in a Bitcoin mining firm has lost nearly half its value. The shares of Trump's social media company, which began accumulating Bitcoin, are close to a historic low. This crash is part of a broader trend that has wiped out over $1 trillion from the digital asset market, and the Trump family's wealth has decreased from $7.7 billion to $6.7 billion.
Eric Trump remains optimistic, encouraging investors to "up their stakes" despite the declines. Although the Trump family is experiencing losses, they benefit from investment structures that provide them with income from token sales, regardless of price fluctuations. This situation highlights the difference between retail investors, who can only speculate, and the Trump family, which has the ability to create and sell tokens, thus generating additional income.
Eric Trump remains optimistic, encouraging investors to "up their stakes" despite the declines. Although the Trump family is experiencing losses, they benefit from investment structures that provide them with income from token sales, regardless of price fluctuations. This situation highlights the difference between retail investors, who can only speculate, and the Trump family, which has the ability to create and sell tokens, thus generating additional income.
Sources
Prăbuşirea pieţei cripto ”sărăceşte” familia Trump: Averea familiei preşedintelui american a scăzut cu 1 mld. dolari faţă de luna septembrie din cauza expunerii mari pe proiectele cripto. Bitcoin a scăzut de la peste 120.000 de dolari la 86.000, trăgând în jos întreaga piaţă
Prăbuşirea pieţei cripto "sărăceşte" familia Trump: Averea familiei preşedintelui american a scăzut cu 1 mld. dolari faţă de luna septembrie din cauza expunerii mari pe proiectele cripto. Bitcoin a scăzut de la peste 120.000 de dolari la 86.000, trăgând în jos întreaga piaţă