DJT Crypto Is Down, Here’s How Many Billions Trump Just Lost

Five. He lost $5 billion. There, now you can go do something more productive than read this article.

The Trump Media & Technology Group (DJT, no relation) just tumbled like, 5% which I know doesn’t sound like a lot but if you’re an up-to-speed finance bro like me you’ll know that that is actually a lot.

It’s all because of crypto and bitcoin being down across the board and, though he might not look it, Trump’s one of the world’s biggest investors in crypto, bitco, and crypcoins of all varieties, buying $2 million in bitcoin back in August.

Now that BTC’s dipped below $90,000 all of this year’s extraordinary gains are gone and it looks like our very own Mr. President is left holding the bag.

Trump? More Like, Pump And Dump

Yes, this is what happens when you tie your wealth to unstable assets. But Trump isn’t ‘you’ and ironically, this financial quagmire is his own making. You see, being unstable assets, cryptos often get bought when they are in a position to take risks, ie, other markets are stable. But when the economy is uncertain, people are less likely to take risks on things like ‘fartcoin’.

Trump in theory, has some power over the stability of the economy and his big bet on bitcoin was a bet on himself. A bet that currently isn’t paying off.

Trump’s government shutdown led to unreleased inflation figures and a market downturn, something that he only has himself to blame for. Sorry, I meant the democrats, it’s the democrats’ fault…

DJT also owns Truth Social by the way so who knows maybe there’s a silver lining to this mess and Trump might be forced to shutter the unusable metal roof ad website, sorry, ‘social media platform’.

Trump Truth Social Ad — I’m not even kidding every other post is an ad from this guy, I haven’t edited this or anything, this is the President’s main social media feed the social media platform he owns

So in the coming months, if you see Trump either double down on this crypto bet and announce an Eric Trump NFT collection, you’ll know why.

Or if you see him ditch all his crypto and decide it was a load of trash in the first place, you’ll know why for that scenario as well.

Basically if he does anything, you’ll know why.

WHAT I’M SAYING is that reading this article has made you clairvoyant and you should now go out into the world and use your powers for good.

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