The Memecoin Mirage: A $3. 8 Billion Lesson in Regulatory Absence Recent analysis by Nansen has revealed that nearly 1 million people have collectively lost over $3.
8 billion after investing in President Donald Trump's meme based cryptocurrency, TRUMP.
This staggering figure is not just a tale of failed investments; it's a symptom of a broader issue – the absence of effective regulation in the crypto space.