New meme coins featuring President Trump and First Lady Melania Trump could put retail investors at a disadvantage and cost them everything they have, Anthony Scaramucci told Yahoo Finance during the World Economic Forum in Davos, Switzerland.
“They are gambling symbols,” Scaramucci explained. “Our society has always had gambling. But Trump is the leader of our country, and he represents something important to other countries, at least as much as the presidency has represented it. So I don’t like that.”
The founder of SkyBridge Capital added that individual investors may end up incurring losses in these currencies due to the sharp fluctuations in their value.
What do you think of what Anthony said?
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