Trump and Melania’s Scammy Meme Coins Have Lost Almost All Value

You may recall that the president has a meme coin, $TRUMP. Days before his second inauguration, the president—who told Fox News in his first term that he was not “a big fan” of cryptocurrencies, which he deemed possibly “fake”—made his own foray into crypto.

The meme coin’s value quickly rocketed to around $75. It dropped shortly thereafter but saw a bump in April when Trump announced “the most EXCLUSIVE INVITATION in the world”: for the top 220 investors in $TRUMP coin to enjoy a private dinner with the president at his Virginia golf club.

Since then, the Trump coin’s value has slumped again, to $9, having sunk 88 percent from its January high.

You may also recall—if you strain your memory further—that the first lady, Melania Trump, is in the meme coin business as well. Her $MELANIA coin has followed a similar trajectory to her husband’s coin, seeing a precipitous, 98 percent decline in value from its $8.50 peak in mid-January.

In May, the Financial Times published an investigation into Melania Trump’s meme coin, revealing that a coterie of traders reaped nearly $100 million by buying $MELANIA coin minutes before it was publicly announced, before off-loading most of their holdings after its value spiked following the announcement.

The first lady’s meme coin is now worth less than a quarter of a dollar.

Six Republican-led states are sending a collective 1,200 National Guard troops to assist Donald Trump’s crackdown on crime in Washington, D.C. But the states those troops came from have higher crime rates than the nation’s capital.

As Washington’s residents brutally resist the president’s authoritarian takeover of local law enforcement and deployment of federal troops, other states would do well to remember the old proverb: Doctor, heal thyself!

To compare, The New Republic has evaluated the FBI’s national crime data for 2024 alongside state populations, focusing on available data documenting violent and property crime rates in major cities in Ohio, Tennessee, South Carolina, Mississippi, Louisiana, and West Virginia.

FBI data showed that in 2024, for every 100,000 Washington residents, 926 were victims of violent crime and 3,588 were victims of property crime. In 2024, the nation’s capital saw roughly 25 murders for every 100,000 residents.

Ohio

Cleveland, Ohio, experienced higher rates of both violent crime and property crime than Washington did in 2024, according to Cleveland.com. For every 100,000 Clevelanders, 1,550 were victims of a violent crime and 4,446 were victims of property crime. Cleveland also had a higher homicide rate than Washington in 2024, with 35 homicides for every 100,000 residents, according to the office of the Cuyahoga County medical examiner.

Columbus, which is Ohio’s most populous city, has a comparatively smaller crime rate. It saw marked decreases in violent and property crime in 2024, according to the Columbus Division of Police.

Tennessee

Tennessee’s violent crime rate in 2024 was higher than the national average at roughly 597 violent crime incidents per 100,000 residents, according to FBI data compared to population. While that alone is not higher than the violent crime rate in Washington, that number doesn’t tell the whole story.

In 2024, the state’s own capital, Memphis, had a murder rate of 48 per 100,000 residents, according to The American Prospect—a number significantly higher than D.C.’s homicide rate.

Meanwhile, Nashville, the state’s most populous city, which was home to an estimated 704,963 people in 2024, experienced 8,473 violent crimes and 31,902 property crimes, according to the Metropolitan Nashville Police Department. That means that for every 100,000 Nashville residents, roughly 1,202 were the victims of violent crimes and 4,525 were the victims of property crimes, which are both higher than Washington’s crime rates.

Still, Tennessee Governor Bill Lee is set to send roughly 160 guard members to Washington this week.

Mississippi

For every 100,000 Mississippians, 118 were the victim of a violent crime and 751 were the victims of property crime, according to FBI data. The American Prospect reported that in 2024, Jackson, Mississippi, had the highest murder rate of any city in the country, experiencing a rate of 77 homicides per 100,000 residents, which was more than three times the homicide rate in Washington.

Louisiana

For every 100,000 Louisianians, 406 were the victim of a violent crime and 1,758 were the victim of a property crime. But state capital Baton Rouge had a murder rate of 36 per 100,000 in 2024, and New Orleans had a murder rate of 31 per 100,000—both of which are considerably higher than Washington’s homicide rate.

South Carolina

In 2024, for every 100,000 South Carolinians, only about 438 were the victim of a violent crime and 1,985 were the victim of a property crime. However, North Charleston, one of the state’s most populous cities, had a murder rate of 26 per 100,000 residents in 2024, according to The American Prospect. This places it on par with the homicide rate of Washington. South Carolina’s Republican Governor Henry McMaster ordered 200 troops to be deployed to the nation’s capital.

West Virginia

For every 100,000 West Virginians, 234 were victims of violent crime and 1,051 were victims of property crimes in 2024, in keeping with the state’s trend of being generally below the national average.

But the state’s most dangerous city is Beckley, which has a similar violent crime rate to Washington. With a population of 16,234, Beckley experienced 147 violent crimes in 2023, which equates to a rate of 905 violent crimes per 100,000.

By comparison, property crimes were off the charts. In 2023, there were a whopping 836 property crimes, so for every 100,000 Beckley-ians (again, there aren’t really that many), 5,149 would be a victim of a property crime, a rate significantly higher than that of Washington.

On Tuesday, Texas Representative Nicole Collier chose to sleep on the floor of the state House rather than be subject to draconian 24-7 state trooper surveillance if she were to leave.

Now, on Wednesday, she shared that she was threatened with a felony
unless she exited a bathroom while on a DNC call with Senator Cory Booker, Governor Gavin Newson, and other Democrats.

This comes as some Texas Democratic officials remain under the watch of law enforcement, a move GOP House Speaker Dustin Burrows and Texas Republicans levied after more than 50 state Democrats left Texas two weeks ago in response to the Republican Party’s blatantly political effort to reshape voting districts to gain more GOP House seats in the 2026 midterms elections.

While the redistricting vote is likely to occur now that they’re back in the state, Texas Democrats are still looking to exhaust any options they have in regard to delaying or obstructing the power grab of a vote.

They’ve even floated an amendment that would block the redistricting vote until the Epstein files are released, an issue that has fallen from the public eye after weeks of dominating the news cycle due to a well-orchestrated campaign of distraction by the Trump administration.

“That is outrageous,” Cory Booker said live as Collier updated the call about her situation. “What they’re trying to do right there is silence an American leader, silence a Black woman. And that is outrageous. And I hope everybody took note of that. The fact that she can’t even let her voice be heard is frickin’ outrageous.”

The Trump administration should just unseal the Epstein files on its own, a judge determined Wednesday.

Manhattan-based U.S. District Judge Richard Berman threw out the Justice Department’s third attempt to unseal the grand jury records related to Jeffrey Epstein’s case. Berman argued in a 14-page decision that it would make much more sense for the government to make its “trove” of Epstein-related documents available to the public instead of petitioning the court to release the limited grand jury materials that are protected by law.

“A significant and compelling reason to reject the Government’s position in this litigation is that the Government has already undertaken a comprehensive investigation into the Epstein case and, not surprisingly, has assembled a ‘trove’ of Epstein documents, interviews, and exhibits,” Berman wrote. “And, the Government committed that it would share its Epstein investigation materials with the public.”

Berman further disregarded the DOJ’s appeal for the grand jury materials as little more than a “diversion” from the “breadth and scope of the Epstein files in the Government’s possession.”

“The grand jury testimony is merely a hearsay snippet of Jeffrey Epstein’s alleged conduct,” Berman argued.

The order follows a similar decision last week by another Manhattan-based judge, Paul Engelmayer, who denied a DOJ request to unseal grand jury testimony related to Ghislaine Maxwell, Epstein’s girlfriend and longtime accomplice. Maxwell is currently serving a 20-year sentence for abducting and grooming underage girls for Epstein’s abuse, though her decision to comply with the Justice Department earlier this month earned her a sudden transfer to a minimum-security prison.

Engelmayer wrote in his decision that the administration’s argument that the grand jury materials “​​would bring to light meaningful new information about Epstein’s and Maxwell’s crimes is demonstrably false.”

Much to Donald Trump’s chagrin, the botched rollout of the Epstein files has continued to plague his administration. The president has tried dozens of strategies since the beginning of July to peel attention away from the base-shattering issue, including suggesting that the FBI should expend resources to prove his invented claim that the entire case against Epstein is actually a Democratic “scam.”

A reminder that prior to his death, Epstein described himself as one of Trump’s “closest friends.” The socialites were named and photographed together and partied at casinos together with underage girls. Trump penned a salacious letter to Epstein for the sex trafficker’s 50th birthday, and was quoted in a 2002 New York magazine profile as saying that he had, at that point, known Epstein for 15 years, referring to him as a “terrific guy.”

Vice President JD Vance and Defense Secretary Pete Hegseth had to hear just how much Washington, D.C., hates them as they attempted a friendly photo op with Donald Trump’s federal forces Wednesday.

As Vance, Hegseth, and White House deputy chief of staff Stephen Miller walked through Washington’s Union Station, surrounded by a gaggle of photographers and guards, it was immediately clear that they were unwelcome there.

“Oh look, it’s couch-fucker!” one person shouted in a video shared to X by HuffPost reporter Arthur Delaney. “You gonna fuck a couch, buddy?”

The shouting built to a crescendo, and it became difficult to make out the jeers of individual onlookers. But one sentiment was clear: “Go fuck a couch, JD Vance!” the first heckler shouted.

The Team Trump trio had arrived to deliver burgers (bought at the Shake Shack in Union Station) to National Guardsmen hanging around the train station, well within the sights of their own photographers. Six red-led states have mobilized roughly 1,200 additional troops to join the 800 already unleashed on Washington’s streets, tasked with stopping crime—the rate of which was already down.

The group took a few questions from the press, shouting their answers over the chants of dissidents. Miller tried to dismiss the demonstrators as “elderly white hippies.”

Vance strained to hear a question over the sounds of people in the train station. The question was: “Polls show that a majority of D.C. residents don’t support the guard here. So what’s your message to the majority of D.C. residents?”

“I’m highly skeptical that a majority of D.C. residents don’t want their city to be—to have better public safety and more reasonable safety standards within Washington, D.C.,” Vance said over the shouting. “I don’t know what poll you’re talking about, maybe the same poll that said that Kamala Harris would win the popular vote by 10 points.”

Vance then ended the question session, clearly irritated.

In fact, a recent Washington Post-Schar School poll found that 65 percent of D.C. residents did not think that Trump’s deployment of the National Guard would make the city safer.

As Vance glad-handed National Guard troops, chants of “Free D.C.” could be heard in the background.

Another video shared by HuffPost reporter Igor Bobic showed the trio departing the station while deafening boos echoed off the high ceilings, the large hall bristling with contempt.

“Boo! Get out of here,” cried one onlooker.

It seems that the residents of D.C. have spoken—and they want Trump’s cronies gone.