• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Criticized: Second Meme Coin Launch Sparks Controversy

user avatar

by Giorgi Kostiuk

a year ago

President Trump has faced criticism for launching a second meme token, $MELANIA, just a day after $TRUMP, leading to accusations of greed.

Launch of $TRUMP Meme Token

$TRUMP became a significant event in the cryptocurrency market, with its price soaring and reaching a capitalization of $10.68 billion. This event garnered tremendous interest and discussions.

Rapid $MELANIA Launch

The launch of the second token, $MELANIA, occurred very quickly after $TRUMP's success, which drew criticism about inadequate planning and team greed. This move sparked negative reactions and financial repercussions for other tokens.

Launching a second meme coin so quickly after $TRUMP’s success reeks of greed.Jim Bianco

Opinions and Reactions

Critics like Jim Bianco and Ryan Selkis have voiced their strong opinions on the situation, arguing that the team's actions do not have Trump's best interests at heart and create negative optics. Further accusations of greed and possible wrongdoing add to the dissatisfaction.

They don’t know what they’re doing, and it cost you a lot.Ryan Selkis

Observers and experts express skepticism over the strategy of launching two meme tokens, raising questions about the long-term prospects and intentions of the team.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Converge Bio's AI Platform Aims to Transform Drug Development

chest

Converge Bio is leveraging its newly acquired $25 million funding to enhance its AI platform, which focuses on drastically reducing the time and costs associated with drug development.

user avatarKenji Takahashi

Converge Bio Secures $25 Million Series A Funding to Transform Drug Discovery

chest

Converge Bio, a startup based in Boston and Tel Aviv, has raised $25 million in Series A funding to enhance AI-driven drug discovery.

user avatarMaria Fernandez

Buterin Continues Charity Donations from Token Sales

chest

Vitalik Buterin continues his practice of selling unsolicited tokens and donating the proceeds to charity, emphasizing ethical considerations in cryptocurrency promotions.

user avatarRajesh Kumar

Vitalik Buterin Sells Unsolicited Tokens for 94 ETH

chest

Ethereum cofounder Vitalik Buterin has sold unsolicited tokens from his wallet, converting them into 94 ETH.

user avatarGustavo Mendoza

Grayscale Segments Crypto Market into Five Vertical Categories

chest

Grayscale has categorized its altcoin candidates into five verticals, reflecting a structured approach to the crypto market.

user avatarMiguel Rodriguez

Decline in FLOW Price Amid Controversial Asset Recovery

chest

The price of FLOW has seen a significant decline following the Flow project's controversial asset recovery actions.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.