#Trump Launches TRUMP Coin#

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Overview

Former US President Donald Trump launched a cryptocurrency named TRUMP, sparking heated discussions. The coin was created by a developer who claims to be a Bitcoin forum bigwig in 2017, and he claims to have given all the coins to Trump. However, Nick Tomaino, founder of 1confirmation, points out that Trump owns 80% of the TRUMP coin shares and launched it just hours before his inauguration, which is a predatory act that could harm many people. Tomaino believes Trump should airdrop the coins to the public instead of using it to enrich himself or his team, and compares it to the FTX token.

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Analysis

The launch of a cryptocurrency named TRUMP by Donald Trump has sparked widespread attention and controversy. The coin is reportedly launched by a user claiming to be a major figure in the Bitcoin forum in 2017, who claims to have given all the coins to Trump. However, Nick Tomaino, founder of 1confirmation, questioned this claim. He believes that Trump owns 80% of the TRUMP tokens and launching it hours before his inauguration is predatory and will likely hurt many people. Tomaino believes that Trump should airdrop TRUMP tokens to the public instead of using it to enrich himself or his team. The launch of TRUMP is considered similar to the FTX token, raising concerns about the project's authenticity and credibility.

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Discussion Word Cloud

Classic Views

The launch of TRUMP coin is predatory, as Trump owns 80% of the coin and launched it hours before his inauguration, which could hurt many people.

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Trump should airdrop TRUMP coins to the public instead of using it to enrich himself or his team.

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The launch of TRUMP coin marks a shift in the atmosphere from the Biden anti-crypto era to the Trump era.

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The launch of TRUMP coin could be a scam, as many people have made fake ones in the past, but this time the real author came out and launched the project.

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