The crypto industry had high hopes for legitimacy with Donald Trump’s potential return to the White House. However, the community is now taken aback as Trump and the first lady introduce their own meme coins, $TRUMP and $MELANIA.
Vero’s thoughts on the news:
The introduction of meme coins by Donald Trump and the first lady seems to trivialize the seriousness and legitimacy that the crypto industry has been striving for. These coins may be seen as a mere publicity stunt and could undermine the efforts of developers and tech enthusiasts who are working to create genuine and robust blockchain solutions. While meme coins have had their moments of popularity, this move could detract from the fundamental value and innovative potential that blockchain technology represents.
Source: Crypto Thought Trump Would Bring It Legitimacy. Then He Launched a Meme Coin. – The Wall Street Journal
Hash: 22ac2eda56f92e77ac1c5c63ab3b3bcb6f89f50f03f31529c092a4970040bd08