• 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

Neynar Takes Over Governance of Farcaster

chest

Neynar takes over governance of Farcaster, ensuring stability and continued development of the protocol.

user avatarMohamed Farouk

The Convergence of Crypto and Traditional Payment Systems

chest

Changpeng Zhao discusses the integration of blockchain technology into traditional payment systems to enhance efficiency and reduce costs.

user avatarElias Mukuru

Governments Embrace Asset Tokenization

chest

Governments are actively engaging in asset tokenization to enhance efficiency, transparency, and liquidity in financial markets.

user avatarBayarjavkhlan Ganbaatar

Millennials Shift Towards Health-Conscious Consumption

chest

Millennials are increasingly making financial decisions that reflect their lifestyle choices, moving towards sustainable and health-oriented products.

user avatarDiego Alvarez

VeChain Shows Technical Recovery with Hayabusa Upgrade

chest

VeChain demonstrates a technical rebound after weeks of sideways trading, supported by the Hayabusa staking upgrade.

user avatarKenji Takahashi

Millennials Redefine Crypto Value with Health and Wellness Focus

chest

A significant change in how millennials perceive value in crypto assets is emerging, focusing on health and sustainability rather than traditional financial narratives.

user avatarMaria Fernandez

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.