• 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

Fidelity Chooses Ethereum For its New FIDD Stablecoin

chest

Fidelity Investments is launching a new stablecoin called the Fidelity Digital Dollar (FIDD) on the Ethereum blockchain.

user avatarJacob Williams

Roblox Commits to Compliance Amid ACM Investigation

chest

Roblox commits to comply with the EU Digital Services Act amid ACM investigation, focusing on age verification and child safety.

user avatarZainab Kamara

ACM Investigates Roblox for Compliance with Child Safety Regulations

chest

The Netherlands Authority for Consumers and Markets (ACM) has opened a formal investigation into Roblox to assess its compliance with the EU's Digital Services Act regarding child safety.

user avatarSon Min-ho

Producer Price Index Surpasses Expectations

chest

Recent Producer Price Index (PPI) figures have surpassed expectations, showing a 3% increase compared to the anticipated 2.8%. This rise indicates potential challenges for future Consumer Price Index (CPI) adjustments.

user avatarAyman Ben Youssef

Crypto Advocacy Groups Support White House Talks

chest

Crypto advocacy groups express optimism about the upcoming White House meeting aimed at resolving industry disputes.

user avatarKofi Adjeman

US Government Gains Control of Helix Mixer Assets

chest

The US Department of Justice has seized over $400 million in assets linked to the darknet mixing service Helix.

user avatarTando Nkube

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.