Meme coin Tommy Robinson promoted loses 96% of its value

On 29 June, Tommy Robinson ‘pumped’ a meme coin on behalf of his son. In the aftermath, the coin’s holders began selling off what they had – i.e. ‘dumping’ it. In other words, it looks a lot like your textbook ‘pump and dump’ scheme:

🚨 Update: The meme coin Tommy Robinson's promoted has now fallen roughly 96%.

The coin has experienced several smaller spikes followed by rapid sell-offs. https://t.co/ICuyZsAqMB pic.twitter.com/cHnZRfnxE7

— Gadget (@Gadget440) June 30, 2026

To those in the know, Robinson’s post gave off ‘pump and dump’ vibes. If you’re unfamiliar with this form of online scam, the Financial Conduct Authority describe it as follows:

A pump and dump scheme is a form of market manipulation. It’s a two-part act designed to mislead investors and generate profits for the perpetrators at the expense of unsuspecting investors.

First, promoters of the scheme spread false or misleading positive information around a particular investment to encourage investors, like you, to start buying shares. This inflates the price of the shares and is referred to as the ‘pump’, as more investors are convinced to start or continue buying the stock.

Once the price rises, the promoters quickly sell their shares at the inflated price. This is referred to as the ‘dump’ and it causes the shares to decrease in price leaving other investors with losses.

Tommy Robinson ‘pump’

The following is the post that Robinson put out on 29 June:

As you can see, the idea that Robinson ‘pumped’ the coin is not our interpretation; it’s the man’s own description. And even the far right called him out:

You’re exploiting your supporters, Tommy.

Taking advantage of their desperation.

Lowest form of pondscum imaginable.

— David (@TrueBritVoice) June 29, 2026

It’s ‘bull’ alright

The Patriotic Bull coin had more than just scammy vibes. After Robinson posted the above, investigative journalist Gadget discovered the following:

🚨 Tommy Robinson is promoting a http://Pump.fun meme coin.

I took a look at the token and some of the on-chain data raises concerns.

• One wallet currently holds approximately 28% of the entire supply (around 280 million of 999 million tokens).

• The top 20 wallets collectively hold nearly 65% of the supply.

• That means a relatively small number of holders could have a major impact on the price if they decide to sell.

I’m not making any allegation of wrongdoing, but these are the kinds of things people should be aware of before putting money into highly speculative meme coins.

As Gadget later highlighted, the coin would lose almost all of its value following various sell offs. Were the people buying the coin Robinson’s supporters? You could certainly assume so given his earlier pumping. And this isn’t the first time Robinson has been linked to a dubious online scheme.

The following from Robinson was in response to a now-deleted tweet in which he promoted Core Signals:

People always have a view, without a single piece of research or evidence.

You can all do this…

Read the FAQ’s on the Core Signals website.
Or put them into ChatGPT.
And ask if it’s even remotely possible this is a scam.

The answer’s so obvious, it’s literally impossible to… https://t.co/97eR8UqLbN pic.twitter.com/1XS5EOW3Zg

— Tommy Robinson 🇬🇧 (@TRobinsonNewEra) January 26, 2026

We imagine that Robinson deleted the initial post because Core Signals has been accused of fraudulent activity by the Financial Conduct Authority. Despite this, Robinson would promote Core Signals again in February. A couple of days later, he said ISIS was after him, using the claim to beg for money:

If you can help me and my family due to severe security concerns please do so here – https://t.co/58dt9N5Hmb

— Tommy Robinson 🇬🇧 (@TRobinsonNewEra) February 13, 2026

Robinson later dropped this claim like a hot potato. It was always obviously a lie, though, because the man made no effort to hide his location.

Also, it’s not 2015, Tommy; what do you mean ISIS are after you?

Scummy On-the-Robinson

We’re torn on what to recommend here. On the one hand, we don’t support crypto pump-and-dump schemes. On the other, the sort of person who listens to Robinson probably deserves to get ripped off.

It doesn’t end with Tommy Robinson, anyway. As we reported, Nigel Farage also now shills for crypto. Does this have something to do with the £5m ‘gift’ he accepted from a crypto billionaire? We can’t say, but if crypto is all it’s cracked up to be, why does it require so much pumping?

I will be speaking at @TheBitcoinConf from 10pm UK time.

One-in-four 18 to 34 years olds own crypto.

Reform will take them seriously. https://t.co/LgyJdZ6FFe

— Nigel Farage MP (@Nigel_Farage) May 29, 2025

Featured image via the Canary