Actual Crypto Execs Disgusted by Trump's Memecoin Cash Grab

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Futurism 22h ago

Actual Crypto Execs Disgusted by Trump's Memecoin Cash Grab - Futurism

Quick Summary:

The "Trump" token, a thinly veiled attempt to treat his unknowing followers like piggy banks, unsurprisingly fluctuated wildly over the weekend, with its market value hitting $15 billion before sliding below almost half of that within hours, as Bloomberg reports.

President Donald Trump managed to squeeze in one last memecoin grift last week, days before being inaugurated.

Even more bafflingly, Trump's wife Melania figured she'd also get in on the fun by launching her own crypto scam, uninspiringly dubbed "Melania," on Sunday, causing her husband's memecoin to crash.