Crypto Fun Or Bribery? Vitalik Buterin Weighs In On The ‘Risks’ Of Politician Memecoins

Quick Summary:

After last week’s memecoin frenzy, fueled by the US President’s official token launch, the crypto community is split on the possible implications of Donald Trump’s memecoin venture.

Ethereum founder Vitalik Buterin shared his concerns about the potential negative impact and "risks” of these tokens.

He asserted that it was worth considering how to make the most out of them and suggested that President Trump could potentially use those holding his cryptocurrency as a “powerful community base for collective actions.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: Hungary

Topics: CryptoQuant CEO Vitalik buterin Memecoin Total ETH Crypto Market Ki Young Ju Total crypto market cap Politician memecoins ETHUSDT Solana memecoins Ethereum Politician tokens Trump memecoin Donald Trump Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 14:30:08 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25426997

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