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Trump-Themed Crypto Coin Crashes 95% After Clarification from Eric Trump

The 'Restore the Republic' token soared to $155 million before plummeting when it was revealed as unofficial.

  • Eric Trump confirmed that the 'Restore the Republic' coin is not an official Trump project.
  • The token's value surged to $155 million but collapsed by 95% within hours.
  • Speculation was fueled by cryptic tweets from Eric Trump and Donald Trump Jr. about a major crypto announcement.
  • Early investors made quick profits, selling $4 million worth of tokens before the crash.
  • The incident highlights risks in the memecoin market, where scams and 'rug pulls' are common.
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