American Bitcoin loses 95% and wipes out $600 million
American Bitcoin token collapses by 95%, reducing its market cap to $30 million.
Published 6sem1 sourceNotable
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600 million
American Bitcoin loses 95% and wipes out $600 million
30 million
American Bitcoin token collapses by 95%, reducing its market cap to $30 million
The fact
Launched in 2023 with Eric Trump's backing, the project's price fell from $0.50 to $0.02.
Investors blame a lack of transparency and poor governance.
Click the link to read an article on the topic:
Why it matters
L’effondrement d’un token soutenu par une figure politique américaine illustre les risques des projets crypto spéculatifs et la volatilité extrême du secteur.