• 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

Restaking Expands Beyond Ethereum

chest

Restaking is rapidly expanding to include BTC, TON, and Tron, forming a multi-asset security layer.

user avatarLeo van der Veen

Restaking Transforms Blockchain Security

chest

Restaking is evolving from an Ethereum-centric trend into a cross-chain infrastructure revolution, enhancing capital efficiency and security marketization.

user avatarLi Weicheng

Bitcoin Supply on Exchanges Decreases Substantially.

chest

Bitcoin reserves on exchanges have decreased from 18 million BTC to approximately 12 million BTC over the past year, indicating a significant drawdown in exchange liquidity.

user avatarAisha Farooq

Binance Introduces USD1 as Joint Margin Asset for Enhanced Trading Flexibility

chest

Binance announces the integration of USD1 as a joint margin asset, enhancing trading flexibility for users.

user avatarTenzin Dorje

USD1 Joint Margin Asset to Revolutionize Cryptocurrency Trading

chest

Starting December 11, Binance will implement the USD1 joint margin asset feature to revolutionize cryptocurrency trading by addressing fragmented collateral management.

user avatarMohamed Farouk

Hong Kong Moves to Integrate Crypto into Global Tax Systems

chest

Hong Kong is taking significant steps to integrate cryptocurrency into international tax-sharing systems, aiming to enhance its regulatory credibility.

user avatarBayarjavkhlan Ganbaatar

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.