Trump Meme Coin Faces Criticism, But Cathie Wood Sees A Bold Future

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Trump Meme Coin Faces Criticism, But Cathie Wood Sees A Bold Future - NewsBTC

Quick Summary:

Related Reading: Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation In an interview with Bloomberg, Cathie Wood boldly claimed that launching Trump’s meme coin is good for the industry and signals a paradigm shift.

Solana Stablecoin Supply Jumps 73% Since Mid-January Wood, Ark Investment Focused On Top Cryptos Although Wood appreciated the role of the TRUMP token in ushering in a new era for crypto, she insisted that she would not invest in meme coins.

After receiving a considerable backlash in the market recently, US President Donald Trump’s meme coin found an unlikely ally: Ark Investment’s CEO Cathie Wood.