• 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

Strategic Rationale Behind American Bitcoin's 5,427 BTC Holdings

chest

American Bitcoin ABTC's decision to hold a substantial reserve of 5,427 BTC signifies a strategic choice to hedge against fiat currency inflation and invest in Bitcoin's long-term value.

user avatarSon Min-ho

American Bitcoin ABTC Confirms 5,427 BTC Reserve

chest

American Bitcoin ABTC, founded by Eric Trump, disclosed a reserve of 5,427 BTC, showcasing institutional confidence in cryptocurrency.

user avatarSon Min-ho

Eric Trump's American Bitcoin ABTC Navigates Industry Challenges

chest

American Bitcoin ABTC, founded by Eric Trump, is navigating regulatory and operational challenges in the cryptocurrency mining industry while aligning with demands for transparency and professionalization.

user avatarZainab Kamara

LBank Releases 2025 Annual Report Highlighting Growth and Achievements

chest

LBank releases its 2025 Annual Report, showcasing significant user growth, increased trading volume, and strategic initiatives.

user avatarSon Min-ho

Phishing Scam Losses Decrease Significantly in 2025

chest

Phishing scam losses have decreased by 83% year-over-year, falling to $833 million in 2025 from $494 million in 2024.

user avatarTando Nkube

MSTR Faces Continued Weakness as Weekly Chart Shows Oversold Momentum

chest

MSTR's stock remains under pressure, with the weekly RSI indicating oversold conditions.

user avatarAyman Ben Youssef

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.