{"id":26298,"date":"2024-08-09T22:30:48","date_gmt":"2024-08-09T19:30:48","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26298"},"modified":"2024-08-09T18:31:02","modified_gmt":"2024-08-09T15:31:02","slug":"trump-themed-crypto-rtr-loses-95-in-value-after-denial","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-themed-crypto-rtr-loses-95-in-value-after-denial\/","title":{"rendered":"Trump-Themed Crypto RTR Loses 95% in Value After Denial"},"content":{"rendered":"<p>Revealed to have no relationship with the Trump family, a Donald Trump-themed bitcoin dubbed <strong>Restore the Republic (RTR)<\/strong> dropped an amazing 95% from its peak.<\/p>\n<p>Following a now-deleted statement from Students for Trump chair Ryan Fournier implying <strong>RTR<\/strong> was a new official Trump token, the price of <strong>RTR<\/strong> first shot to $0.1490, but a stern denial from Eric Trump sent the token sliding back soon after.<\/p>\n<p>Data on <a href=\"https:\/\/www.coingecko.com\/en\/coins\/restore-the-republic\">CoinGecko<\/a> shows <strong>RTR<\/strong> trading at $0.0083 at the time of publication. Many in the crypto industry were fearing whether Trump&#8217;s son was releasing a memecoin prior to his denial. He had left a <a href=\"https:\/\/x.com\/DonaldJTrumpJr\/status\/1821164331020517596\">mysterious X post<\/a>, implying he was working on anything connected to DeFi.<\/p>\n<p><em>&#8220;If you care about your dad&#8217;s chances to win this election, please, for the love of all that is good, don&#8217;t launch a token<\/em>,&#8221; said well-known crypto trader <a href=\"https:\/\/x.com\/CryptoKaleo\/status\/1821618985508729151\">Kaiko<\/a>.<\/p>\n<p>Crypto trader Ben Werkman said, &#8220;<em>This is a massive mistake.&#8221;<\/em><\/p>\n<p><em>&#8220;Please don&#8217;t launch a token; nothing good will come of this,<\/em>&#8221; crypto analyst SlumDOGE millionaire said.<\/p>\n<p>Since then, <strong>Donald Trump Jr.<\/strong> has announced he is starting a new distributed finance platform in an effort to solve banking access disparities. He has only mentioned that the forthcoming DeFi platform <em>&#8220;would take on a lot of the banking world&#8221;<\/em> and that it would probably be a long time <em>&#8220;before we can do anything.&#8221;<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\" data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;26224&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Binance Lists Toncoin (TON) Following Price Surge&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n<div class=\"kksr-stars\">\n<div class=\"kksr-star\" data-star=\"1\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Revealed to have no relationship with the Trump family, a Donald Trump-themed bitcoin dubbed Restore the Republic (RTR) dropped an amazing 95% from its peak. Following a now-deleted statement from Students for Trump chair Ryan Fournier implying RTR was a new official Trump token, the price of RTR first shot to $0.1490, but a stern<\/p>\n","protected":false},"author":6,"featured_media":26299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1730,7766,3310],"class_list":["post-26298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-donald-trump","tag-rtr","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump-Themed Crypto RTR Loses 95% in Value After Denial - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-themed-crypto-rtr-loses-95-in-value-after-denial\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump-Themed Crypto RTR Loses 95% in Value After Denial - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Revealed to have no relationship with the Trump family, a Donald Trump-themed bitcoin dubbed Restore the Republic (RTR) dropped an amazing 95% from its peak. Following a now-deleted statement from Students for Trump chair Ryan Fournier implying RTR was a new official Trump token, the price of RTR first shot to $0.1490, but a stern\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/trump-themed-crypto-rtr-loses-95-in-value-after-denial\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-09T19:30:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-09T15:31:02+00:00\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/trump-themed-crypto-rtr-loses-95-in-value-after-denial\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/trump-themed-crypto-rtr-loses-95-in-value-after-denial\/\",\"name\":\"Trump-Themed Crypto RTR Loses 95% in Value After Denial - 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