In January 2025, former US President Donald Trump launched his personal memecoin “TRUMP,” which saw its market value soar to $14.5 billion in just two weeks, with transaction fees exceeding $100 million. However, what seemed like a wild wealth myth ultimately turned into a devastating $2 billion bloodbath, leaving nearly 810,000 crypto wallets virtually empty. This farce not only exposed the absurdity of the crypto market but also revealed the collusion between power and capital.The Trump Coi...

In January 2025, former US President Donald Trump launched his personal memecoin “TRUMP,” which saw its market value soar to $14.5 billion in just two weeks, with transaction fees exceeding $100 million. However, what seemed like a wild wealth myth ultimately turned into a devastating $2 billion bloodbath, leaving nearly 810,000 crypto wallets virtually empty. This farce not only exposed the absurdity of the crypto market but also revealed the collusion between power and capital.The Trump Coi...