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Trader gives all his profit back and loses $21M with TRUMP amid tariffs crash

A cryptocurrency trader who had amassed over $11 million in profits with TRUMP memecoin has given it all back, accumulating more than $21 million in losses amid the tariffs crash. This weekend, Donald Trump started a trade war by implementing tariffs against China, Canada, and Mexico, crashing all markets worldwide. While Canada and Mexico tariffs are currently on hold, China has retaliated, imposing their own tariffs against the United States.  Under the macroeconomic uncertainty, most cryptocurrencies struggle at low prices, leaving many traders underwater, with massive realized and unrealized losses. Interestingly, TRUMP coin is one of the most affected in all this mess, punishing Donald Trump’s fans who bought it. Picks for you Tesla shipped nearly 4,900 vehicles a day in 2024 16 mins ago ...