With Trump creating a meme coin and pushing it to over $20B Market Cap, we will experience a huge wave of onchain scams 🚨🚨
A lot of scammers would come out and start creating different meme coins to scam people
Crypto hacks would increase 🚨🚨
We don’t see how the meme coin Trump created has a positive effect on crypto, a lot of people would lose money to meme coins
We know people made good money from #TRUMP meme coin, but the consequences would be much more devastating
Trump should have instead, pushed Bitcoin higher, if Bitcon had gotten to $150,000 today we would have seen some changes among other Altcoins
Apart from Solana, nothing really pumped today
Look at the way Bitcoin is dumping, people are selling their Bitcoin and Ethereum to buy a meme coin
This is Sad