Binance

By one recent estimate, Trump’s foray into crypto has made his family almost $3 billion in six months and now accounts for up to 40 percent of his wealth.At the same time, his administration has been quietly dismantling guardrails around the crypto industry. Trump has slashed funding for key Treasury initiatives, scrapped proposed anti-fraud rules, and even pardoned crypto felons. Much of the hype – and money – comes from $TRUMP and $MELANIA, two so-called meme coins: cryptocurrencies driven by branding, jokes, or online fandom rather than real-world use. Yet despite having little practical function, the pair has already generated over $140 million in trading volume in just four months.

I don’t gamble. But in October 2016, I made a bet. It was obvious Trump didn’t just have skeletons in his closet but a walk-in necropolis. As we stumbled toward November, the question wasn’t whether one of these skeletons would break free, but just how bad the October Surprise would be. It was supposed to be a polling-shifting, election-sealing, reputational nuclear bomb. And if you read the press, that’s what the “Pussy-Grabbing Tape” was. But to me, it was just another example of Trump being vulgar. And Trump had always been vulgar. And voters liked that he was vulgar, or didn’t care that he was vulgar, or liked that he was so unlike other politicians that he could be vulgar.