• 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

UK Government Partners with Meta to Enhance Public Services through AI

chest

The UK government collaborates with AI specialists and Meta to develop open-source tools aimed at improving public services and national security.

user avatarMaria Fernandez

PENGU Shows Similar Patterns to PEPE's Pre-Breakout Phase

chest

PENGU's market structure is mirroring PEPE's pre-breakout phase, indicating a potential accumulation phase before a breakout.

user avatarGustavo Mendoza

Santiment Reveals Top AI-Focused Crypto Projects

chest

Santiment reveals the top cryptocurrency projects focused on AI and big data based on developer activity over the last 30 days.

user avatarRajesh Kumar

Shiba Inu Faces Volatility Amid Mixed Predictions

chest

Shiba Inu's price has experienced fluctuations, with some traders optimistic about its potential while others see bearish signals.

user avatarLuis Flores

Digitap Banking App Launches Solana Deposits, Sees 263% Surge

chest

Digitap has launched Solana deposits on its banking app, resulting in a 263% surge in presale interest.

user avatarMiguel Rodriguez

Wall Street Shifts Focus to Emerging Markets

chest

Wall Street is increasingly bullish on emerging market stocks, reflecting confidence in global economic conditions.

user avatarMaria Gutierrez

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.