Financial Times: Trump Meme Coin Scam Concerns Investors⚠️❗️
After Donald and Melania Trump introduced speculative meme coins, over 700 similar tokens were sent to Trump's digital wallet, with creators wrongly suggesting he supported them. In three weeks, 736 different meme coins were added, including nearly 200 named after Trump or his family. This action has been criticized for encouraging risky assets that could mislead everyday investors.
After Donald and Melania Trump introduced speculative meme coins, over 700 similar tokens were sent to Trump's digital wallet, with creators wrongly suggesting he supported them. In three weeks, 736 different meme coins were added, including nearly 200 named after Trump or his family. This action has been criticized for encouraging risky assets that could mislead everyday investors.