• 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

Responsible AI: A Key Focus in Allianz Partnership

chest

The emphasis on responsible AI within the Allianz partnership is a critical differentiator.

user avatarTando Nkube

U.S. Corporate Profitability Boosted by Tax Relief and Federal Reserve Easing

chest

The U.S. corporate landscape is set for a significant boost in profitability as the One Big Beautiful Act is implemented, providing an estimated $129 billion in tax relief through 2026 and 2027. Coupled with the Federal Reserve's anticipated interest rate cuts, this favorable policy mix is expected to drive a bull run in U.S. equities, with analysts projecting the S&P 500 to reach levels between 7,500 and 7,800.

user avatarLi Weicheng

Divergence in Global Economic Growth Trajectories for 2026

chest

As the world approaches the 2026 fiscal year, a significant divergence in economic growth trajectories is emerging between North America and Europe, with the U.S. expected to lead in GDP growth and investment opportunities.

user avatarAisha Farooq

Aster Price Movement Mirrors Analyst's December Predictions

chest

Aster price has been following a pattern predicted by analyst ArdiNSC, showing a significant drop, a relief rally, and current hesitation around key levels.

user avatarMaya Lundqvist

Ethereum Validator Exit Queue Reaches Zero, Signaling Positive Market Conditions

chest

Ethereum's validator exit queue has officially dropped to zero, signaling improved network health and reduced sell pressure.

user avatarLeo van der Veen

Morgan Stanley's Mike Wilson Predicts US Market Growth by 2026

chest

Mike Wilson, CIO of Morgan Stanley, predicts substantial growth for the US stock market by 2026, citing the stabilizing effect of Federal Reserve policies and economic recovery.

user avatarTenzin Dorje

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.