I honestly thought Meme coins were the most embarassing thing to happen to Crypto, followed by Logan Paul and then the Hawk Tua Girl using their platforms to take advantage of their followers and dump on them.
But seding Trump coin yesterday and now Melania coin today takes the crypto. If you were arguing with someone that not all crypto is a scam, then they can point to those coins and say, but aren't these the face of crypto right now?
Absolutely ridiculous and embarassing. It's surprising to see how quickly willing Binance is to list Trump coin, knowing full well that he is using the run up to his Inauguration to create a useless crypto and take advantage of his followers, just to get in on the trading fees action.
There's no doubt lots of people will lose a ridiculous amount of money, in the same way Elon was manipulating Doge. Imo, yesterday was a huge embarassment to crypto, today is even worse.