American Bitcoin loses 95% and wipes out $600 million
American Bitcoin token collapses by 95%, reducing its market cap to $30 million.
Published 14h1 sourceNotableupdated 14h
Lire en français
≈ 18s
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.
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.