• 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

Advanced Forensic Techniques Uncover Bitcoin Wallet's Transaction History

chest

The Hansung University Blockchain Research Institute has successfully employed advanced forensic methodologies to trace the transaction history of a Bitcoin wallet containing 32088 BTC.

user avatarElias Mukuru

South Korean Authorities Recover Lost Bitcoin Wallet Worth 298 Million

chest

South Korean authorities have recovered a lost Bitcoin wallet containing 32088 BTC, valued at approximately 298 million, through blockchain forensic work.

user avatarDiego Alvarez

Senator Marshall Withdraws Swipe Fee Amendment Amid Crypto Regulation Discussions

chest

Senator Roger Marshall has decided not to pursue a controversial amendment regarding swipe fee competition during the upcoming Agriculture Committee markup.

user avatarMaria Fernandez

Igra Network's Galleon Phase Mainnet Launches

chest

Igra Network launched the Galleon phase mainnet in mid-January 2026, creating a closed environment for community node operators and facilitating high testing activity.

user avatarRajesh Kumar

Pi App Studio Launches Creator Event to Collect User Feedback.

chest

Pi App Studio has launched a creator event to collect structured feedback from users, offering 5 Pi credits to the first 1,000 qualified respondents.

user avatarMiguel Rodriguez

Pi Network Introduces Significant Enhancements to App Studio for 2026.

chest

Pi Network has launched significant updates to its App Studio, aimed at enhancing app creation and monetization features.

user avatarArif Mukhtar

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.