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Salon
Salon
Politics
Natalie Chandler

764,000 have lost money on Trump coin

Days before he was inaugurated for a second term, President Trump launched a meme coin brandishing the words “fight, fight, fight." But most of those who invested in it might feel like giving up. 

Of the 2 million accounts that have purchased the $TRUMP coin, 764,000 have lost money on it, according to data that blockchain analysis firm Chainalysis shared with CNBC. Most invested in smaller amounts of the token, the media outlet reported.

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