#Trump launches TRUMP coin#
Hot Topic Overview
Overview
Former US President Donald Trump has launched a cryptocurrency called "TRUMP Coin," attracting widespread attention and controversy. The coin was launched just hours before Trump's inauguration, with claims that Trump himself holds an 80% stake. Some commentators have criticized this as predatory, potentially harming investor interests, and have called for Trump to airdrop the coin to the public rather than using it for personal or team gains. Currently, the specific details and operating mechanism of the coin remain unclear, but its association with former President Trump and its potential risks have garnered significant attention.
Ace Hot Topic Analysis
Analysis
Donald Trump's launch of a cryptocurrency called "TRUMP Coin" has sparked widespread attention and controversy. It is reported that Trump himself owns 80% of the coin, which was launched just hours before his inauguration. Nick Tomaino, founder of 1confirmation, believes that this practice is predatory and could harm many people. He pointed out that Trump should have airdropped the coin to the public instead of using it to enrich himself or his team. The operation mechanism of the coin is unclear at the moment, but its similarity to FTX tokens has raised concerns. Some believe that the launch of the coin may be related to a post about Trump on the Bitcoin forum in 2017, when many used the topic for false advertising. However, this project was released by the real author, who claims that all coins have been distributed to Trump and there is no risk of developers selling them. Nevertheless, the authenticity of the coin and its motives remain to be investigated.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump launching TRUMP coin is predatory because he owns 80% of the coin, and he is using this to enrich himself or his team.
Trump should airdrop TRUMP coins to the public, instead of using this to enrich himself or his team.
The launch of TRUMP coin might be a hype move aimed at leveraging Trump's notoriety to attract investors.
The launch of TRUMP coin may be similar to the FTX token, which is risky.