#TRUMP #MelaniaTrumpMarket #BTC If Trump wanted to expose the crypto market as a fraud
Mission accomplished: The creation of a token based solely on hype and its subsequent fall exposed the vulnerability of the market, which depends on narrative and speculation.
Direct attack on enthusiasts: He has already called Bitcoin a "fraud" on other occasions, and this maneuver can be interpreted as an attempt to discredit the entire industry.
Harm to small investors: The loss of savings of thousands of people reinforces the criticism that the crypto market favors insiders and harms those who do not understand the risks.
If the idea was to encourage the adoption of crypto
Counterproductive: The strategy would have failed, because the collapse of the coins launched by him and Melania only reinforces the negative perception among skeptical investors.
Potential chaos: If coins like $TRUMP and $MELANIA are seen as representations of the crypto market, the public could lose trust not only in these assets, but in the entire ecosystem.
Generalized chaos with widespread release
If the idea is to allow the general release of crypto into the market, as many enthusiasts hope, the results could be catastrophic:
1. Extreme volatility: An already volatile market would become even more unpredictable, with tokens appearing and disappearing at every turn.
2. Lack of regulation: Without adequate oversight, fraud, pyramid schemes and rampant speculation would be the norm.
3. Loss of credibility: Trust in the traditional financial system could be undermined, leading to large-scale economic collapses.
If Trump’s intention was to prove that the crypto market is problematic, he has succeeded in demonstrating this in a practical way, exposing the weaknesses of this system to the entire world. On the other hand, if the intention was to legitimize the market, the plan backfired, as it reinforced the worst stereotypes about cryptocurrencies. Widespread chaos will only become a reality if this lesson is not learned and more people enter the market without understanding the risks.