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Is Donald Trump's meme coin PR like Dogecoin?

Enton 🦆 has learned that Donald Trump, once the most powerful man in the world 🌍, has unceremoniously launched a memecoin $TRUMP (-5,35 %) which is based on the Solana blockchain. A special thanks at this point, because Enton was able to make a small $SOL (-0,46 %) record a small profit. 💰📈 But skepticism remains: What is behind this campaign? 🤔


A look at the past shows: Elon Musk created enormous hype with Dogecoin 🐕, only to later be prosecuted in court for his role in marketing it. Could Trump follow a similar path? 🚀⚖️


The key question is: Is Trump's foray into the world of memecoins a smart move or a questionable, potentially dangerous action? Your opinion on this? Cool 😎 or risky 🔥?

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9 Commentaires

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No matter what tomorrow abcashen🤑🤑
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@Kronos_ I think the hype will last a little longer. As a precaution, I have set a limit at 2000.😏
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Risky.
I'm not 100% sure, but I think that a president is forbidden to do any business on the capital market (which probably includes cryptos).

So I don't really understand what this coin is for.
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@Dividenden_Monteur Cryptos are capital market? Since when?
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@Portfoliopferd So why did Musk have to explain himself for manipulating the price of Dogecoin?
So I think yes, it's part of the capital market.
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@Portfoliopferd or the most recent example, pump & dump with the "Hawk Tuah" coin and the ongoing lawsuits against this woman.
Wouldn't be possible if crypto wasn't a capital market.
And the SEC is also active in the crypto market, according to its website
https://www.sec.gov/securities-topics/crypto-assets
Trump is not yet president. Secondly, he will already have chosen a construct where that is possible. Contrary to popular opinion in this country, he is not that stupid.
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Well, last term and president tomorrow - nothing left to lose

Which is why I assume that the M2 money supply will continue to rise and crypto with it
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Hands off if you don't want to lose money, otherwise I'll come with the lightsaber! ;)
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