Trump Coin Plummets 70%… But NewsMax Throws $$$ Anyway? 🤡💸

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Key Takeaways

Why is NMAX investing in TRUMP alongside BTC? 😒

Let’s be real: NMAX is buying TRUMP not because it’s a sound investment, but because they’re somehow still under the delusion that this is a crypto coin and not a personal branding side hustle for a guy who still thinks a wall is a good business plan. Basic, right?

Does the market support the allocation? 🐐

Short answer: Nope. The memecoin is a dumpster fire that’s gone full-on pyrotechnics. TRUMP is down 70% from its peak, and even the 💰-loving memes can’t save this one now. Market says: “Pass.” NMAX says: “Netflix and chill?”

Memecoins are trying to ride the DATs bandwagon like it’s the last Uber before midnight. Dogecoin blazed the trail, but now we get… people buying crypto tied to a guy who once said “I will build a wall”? Smooth.

NMAX just dropped $5M into BTC and TRUMP like, “Hey, let’s play roulette with billionaire bankrolls and see if this nitroglycerin token survives the week.” Congrats to being the first NYSE company to own a coin named after a former president who’s 70% railing against reality shows.

Is this a strategic move or a literal “Midnight Run” for crypto? Probably the latter.

Breaking down NMAX’s push into digital assets

BTC is the boring aunt at the family reunion; TRUMP is the uncle who drinks the punch and claims he invented real estate. Mixing them might end with a lawsuit and a 404 error.

Seriously, though, BTC is the stable one, and TRUMP is the “let’s add glitter to all the things” cousin. Together, it’s like building a financial Ed Wood movie. 🎬💸

Christopher Ruddy said the move is “influenced by President Trump’s impact on the crypto market.” For clarity: That impact includes causing market meltdowns like a bad influencer on X. But hey, at least he’s consistent!

“We believe the coin’s value should track the Trump presidency… which so far has been impressive.”

– Christopher Ruddy, CEO (Best line read by someone wearing a serious face.)

In short, NMAX is betting on the world’s most chaotic meme token… while their audience checks if they’ve unknowingly joined a crypto reality show. 🙃

Daily reminder: A wallet spent $4M on TRUMP post-announcement like, “I’ll buy your despair.” But the charts? They’re etching the truth in block capitals: “TRUMP = T-R-U-M-P-O-D-D-C-O-I-N.”

Market steers clear of the TRUMP meme trap

Since last April, TRUMP has fallen with the grace of a coffee cup dropped on a rug. Down 70%? That’s like selling a TV for $1.25. 📺❌

Technically, the TRUMP chart looks like a rejected graffiti commission. Daily lows? Daily lows of self-respect. Broken the $8 floor? Broke metaphorically too.

The broader market says: “TRUMP is.toByteArray()}

TRUMP = The crypto equivalent of a reality show cast reunion. No one wants the drama, but we’re all here anyway. 🙄💸

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2025-10-19 04:15