The Damage Report
@thedamagereport·1.3M subscribers·34.1K videos
Trump Supporters Lose MASSIVELY As Investment Nosedives In Staggering Scam
Posted
February 11, 2025
Views
161,866
Likes
5,604
Comments
1,113
Engagement
February 11, 2025
161,866
5,604
1,113
4.15%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
9:43Now PlayingDonald Trump supporters and crypto investors explode in panic as Trump's meme coin dramatically crashes after he, his family, and a select few early traders, profited massively, causing many betrayed MAGA supporters to lose massively in a major financial blow. John Iadarola and David Shuster break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
"The curious trade came a little past 9 p.m. on Jan. 17 — a $1,096,109 bet less than two minutes after the soon-to-be president of the United States posted on his social media account that his family had issued a cryptocurrency called $Trump.
In those first minutes, a crypto wallet with a unique identification code beginning 6QSc2Cx secured a giant load of these new tokens — 5,971,750 of them — at the opening sale price of just 18 cents each, starting a surge in the $Trump price that would soon reach $75 per token.
This early trader, whose identity is not known, walked away with a two-day profit of as much as $109 million, according to an analysis performed for The New York Times.
But the fast profits for early traders, whose names are unknown but some of whom appear to be based in China, came at the expense of a far larger number of slower investors who have cumulatively suffered more than $2 billion in losses after the price of the token crashed."
**
Be part of the Dragon Squad as a YouTube channel member
Follow The Damage Report on Facebook
Help build the Home of the Progressives
Subscribe to The Damage Report YouTube channel
Follow The Damage Report on TikTok
Follow The Damage Report on Instagram
Follow The Damage Report on Twitter
#TheDamageReport #JohnIadarola #TheYoungTurks
250211__DR05Memecoin
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
