Trumps meme coin ...
Across the first 19 days of trading, a total of 813,294 wallets registered losses, either by cashing out at a loss or holding onto coins that had plummeted in value.
The losers — those who paid more for the token than it is now worth — cumulatively have lost $US2 billion, in actual or paper losses. Still, many of these traders are holding on to their money-losing tokens, perhaps hopeful that the price will rise again, the data shows.
The profits mostly secured by the early buyers were enormous: a total of $US6.6 billion in cashed-out profits, according to Chainalysis.
From a local Sydney paper originally from ...
This article originally appeared in The New York Times.
The losers — those who paid more for the token than it is now worth — cumulatively have lost $US2 billion, in actual or paper losses. Still, many of these traders are holding on to their money-losing tokens, perhaps hopeful that the price will rise again, the data shows.
The profits mostly secured by the early buyers were enormous: a total of $US6.6 billion in cashed-out profits, according to Chainalysis.
From a local Sydney paper originally from ...
This article originally appeared in The New York Times.
