Conversation
Notices
-
Embed this notice
Tactical (tactical@nicecrew.digital)'s status on Sunday, 19-Jan-2025 07:16:04 JST Tactical Let's do some math
80% of the $TRUMP coin's ownership is held by CIC Digital LLC, an affiliate of the Trump Organization, and Fight Fight Fight LLC.
Only 10% of the token supply is allocated for public distribution, another 10% that is liquidity.
The coin is explicitly described as "not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type."
The text states that CIC Digital LLC and Fight Fight Fight LLC will receive trading revenue derived from trading activities of the coin.
My predictions
Possibly the two biggest owners (CIC and Fight Fight Fight LLC) can inflate the price through coordinated buys, then dump large amounts of coins once the price peaks, profiting massively while leaving retail investors with worthless assets.
(the obvious answer)
This is an attempt to get stupid boomers to buy memecoins and it's going to leave them broke. Retail investors will invest into this and have to hold FOREVER and probably go broke.- kuteboiCoder repeated this.
-
Embed this notice
Tactical (tactical@nicecrew.digital)'s status on Sunday, 19-Jan-2025 07:16:04 JST Tactical I love how this country is just one giant grift scheme. Actually pissed kuteboiCoder likes this. -
Embed this notice
kuteboiCoder (kuteboicoder@subs4social.xyz)'s status on Sunday, 19-Jan-2025 07:16:56 JST kuteboiCoder @Tactical@nicecrew.digital
yes, but is there any country that is actually functional and stable and prosperous? -
Embed this notice
kuteboiCoder (kuteboicoder@subs4social.xyz)'s status on Sunday, 19-Jan-2025 07:18:05 JST kuteboiCoder @Tactical@nicecrew.digital
is most countries, there is no grift, there is no gamble, there is no spin of the roulette wheel. If you weren't born rich, you will never be rich, simple as. -
Embed this notice
kuteboiCoder (kuteboicoder@subs4social.xyz)'s status on Sunday, 19-Jan-2025 07:19:30 JST kuteboiCoder @Tactical@nicecrew.digital
whereas in Murrica, most of the richest of the rich were merely upper-middle-class two generations back
and the roulette wheel spins and spins