#Trump launches TRUMP coin#
Hot Topic Overview
Overview
Former US President Donald Trump has launched a cryptocurrency called TRUMP, sparking widespread attention and controversy. The coin was launched by someone claiming to be a major player in the 2017 Bitcoin forum, and claims to have given all the coins to Trump. However, Nick Tomaino, founder of 1confirmation, points out that Trump owns 80% of the TRUMP coins, and launched it just hours before his inauguration, which he calls a predatory move that could harm many. He believes Trump should have airdropped the coins to the public instead of using it to enrich himself or his team. The launch of the coin is currently being compared to the FTX token, raising concerns about its authenticity and security.
Ace Hot Topic Analysis
Analysis
Donald Trump's launch of a cryptocurrency named "TRUMP Coin" has sparked widespread controversy. Trump reportedly owns 80% of the coin and launched it hours before his inauguration, which 1confirmation founder Nick Tomaino deemed "predatory," highlighting the potential harm it could cause to many. Tomaino believes Trump should have airdropped the coin to the public instead of leveraging it to enrich himself and his team. He compared TRUMP Coin to FTX tokens, implying potential risks. Conversely, some supporters consider TRUMP Coin a "top tier narrative," emphasizing that all coins were given to Trump by developers, eliminating the risk of developers selling the coins. Currently, the authenticity and potential value of TRUMP Coin remain undetermined, but its launch has raised concerns regarding regulation and fairness in the cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's launch of TRUMP coin is predatory, as Trump owns 80% of the coin's share and launched it hours before his inauguration, which could hurt many people.
Trump should airdrop TRUMP coins to the public, rather than using it to enrich himself or his team.
The launch of TRUMP coin marks a shift in the atmosphere from the anti-crypto era of Biden to the era of Trump.
The launch of TRUMP coin could be a scam, as many people have previously launched fake projects using this name, but this time the real author has come out and launched the project himself.