02/26/2025
2024 cryptocurrency hype scheme (Promising the industry he will be the 1st U.S. Crypto President) was swallowed whole, hook line and sinker by the Cryptocurrency Industry. On the condition the industry supported and contribute money his 2024 Presidential Campaign. Or invest by purchasing shares in Trump (meme) company, which was added to the Nasdaq and Russell Stock Exchanges even though the company finances resemble or mirror Penny stock traded companies.
Can't nobody claim Trump business expertise isn't impressive. Trump makes millions of dollars, now billions of dollars thru creative financing standards. From negotiating various financial deals, i.e., banking loans, financing debt loans. Based solely on the collateral of his surname, TRUMP and POTUS .
At the time of Trump promises to the cryptocurrency world which is suspected in many leading banking and finance circles: as a High Tech Ponzi Scheme. Bitcoin, an imaginary gold coin, was selling @$53,857.56 shortly before Nov, 2024 then soon increased $50,811.74 to $104,669.30 soon after Trump won the 2024 Presidential election, that's the pump.
Since Trump won the Presidential election bitcoin price has gradually retreated (The Dump, as I write) or fallen back at today's selling price $84,645.
Plus Trump Administration hatchet man has lost $100 billion off his net worth. net worth has been gradually falling since he started swing his non-elected hatchet. Cutting funding to many Federal Agencies including firing tens of thousand Federal employees in high and low positions throughout the Federal Gov't on Capitol Hill and Federal agencies located in near every State.
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