Maybe Coulter, like the other high-profile supporters Trump has burned, will accept her humiliation and resort to defending Trump no matter what he says. Her incentives, however, are different. Unlike most of the folks who appear on television supporting Trump, she has an independent brand. And it’s built on white nationalism. Trump may win votes by moderating his stance on immigration. But that’s not how Coulter sells books.

Coulter also needs an explanation for Trump’s likely defeat, an explanation that will preserve her ability to claim that America’s silent majority believes the things she does. By emphasizing Trump’s immigration flip-flop, Coulter could argue that this issue cost him the white votes he needed to win.

Trumpism—a brand of conservatism defined above all by white racial nostalgia—will survive November’s election. Less clear is whether Trump will remain its champion or become its fall guy. Like many people Trump has done business with, Coulter has learned that trusting Trump is not the wisest of investments.