RE: Is Donald Trump launching another meme coin?
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I have recently been thinking about the current state of cryptocurrencies under Trump's administration, it was good how you connected the dots between the market timing and this rumored launch, it's crazy to see how Trump's original coin fell from $73 to just $14 I think indirectly this takes credibility out of the process, people never learn but I also wonder if the regulatory environment Trump promised would actually prevent these kinds of scams rather than allow them, it seems so ambiguous compared to previous presidents when it comes to crypto regulatory, not sure what to think about it anymore
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I think the previous administration in the US were quite regulatory. People feared that if anyone especially Kamala Harris became president that crypto will be stifled, but we've all seen that Trump has made crypto in the US a wild west. I think this was the area where the average crypto US citizen could have learned what crypto was, instead all they know about crypto is meme and this is because of Trump.