Quotes
The $TRUMP token launch wasn't just a magnet for investors—it was a beacon for scammers,
These dApps often trick users into connecting their wallets, allowing scammers to drain funds,
Many of these tokens used misleading branding to lure investors,
This is the wild west, now; a world where there is the potential to unleash a lot of esoteric products and people are willing to see what will fly because it's such a growth area,
said Todd Sohn, ETF strategist at Strategas TRUMP is a relatively new innovation and is subject to unique and substantial risks,
REXShares and Osprey Funds said There’s now a fear that people who are not super familiar with this industry will see it as a cash grab and not see all the good uses of crypto that exist,
I’m not sure people quite grasp how much of the crypto world is reacting to the Trump memecoin launches,
Molly White, a software engineer and cryptocurrency chronicler, posted on X alongside screenshots from reactions that ranged from frustration to anger Hello every scam targeted at everyone and anyone who has no clue about crypto,
Cuban said on X on Monday about the coins Dear @realDonaldTrump : Please fire whoever recommended going forward with the Melania launch today,
Ryan Selkis, a longtime crypto advocate and political conservative, wrote on X on Sunday as the price of $TRUMP began to fall Obviously Trump, because of who he is, elevates a memecoin launch like nothing we’ve ever seen before,
Nothing stops the launch of many more tradable coins,
We have reached the 'Fartcoin' stage of the market cycle,
Einhorn wrote in an investor letter obtained by CNBC Given the previous U.S regulatory regime was about crackdown on crypto builders and enforcement actions on token-related activities, a token launch by the President, is a huge social signal to U.S builders: build away in the U.S, and don't be shy of launching tokens,
Whichever way you see it, we think a new chaotic crypto era is here,
he said in a note published Monday I am extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth.”
Trump Org did not respond to a request for comment, but Eric Trump, the company’s executive vice president, said in an X post Saturday The industry, whether or not they are fans of meme coins, are excited about a new era for the regulatory approach to crypto,
Generally, the introduction of any meme coin ruffles the feathers of those who are serious about the use, legitimacy and security of crypto,
said Kyla Curley, a crypto expert and partner at global advisory StoneTurn Trump needs to fire his crypto advisors, from top to bottom,
tweeted Gabor Gurbacs, founder of digital asset firm Pointsville The Trump effect cannot be denied. To have the leader of the largest GDP country in the world come out undeniably and say that he wants to be the first crypto president,
said Brian Armstrong, CEO of Coinbase There are shameful and major conflicts of interest with respect to his family business benefiting from his cryptocurrency policies,
said James Thurber, the founder and former director of the Center for Congressional and Presidential Studies
