Trump’s Crypto Products Crash to All-Time Lows

“To get into an exclusive dinner with President Donald Trump later this month, investors would have to spend roughly $700 buying his meme coin. Last year, the cost of admission for a similar event was roughly $59,000,” the Washington Sun reports.

“Crypto products tied to the president have cratered in value in the days following the midterm elections, as the president’s declining political power translated into declining uptake in the financial products branded with his name. Democrats, who are about to gain subpoena power in the House and Senate, have also pledged to investigate Trump’s crypto ventures, further contributing to the red.”