🚨 Concerns Over Presidents Launching Meme coins 🚨
🔹According to Michaël van de Poppe, the trend of presidents launching their own meme coins is problematic as it often leads to significant financial losses for investors who trust these public figures.
🔹The potential for these leaders to engage in pump and dump schemes with memecoins is alarming and could undetermine market integrity.
🔹This highlights the need for regulatory oversight to prevent misuse of cryptocurrencies by influential individuals.
🔹 Political figure saw a sharp increase from $0.01 to $0.05 within 24 hours on February 12, 2025, only to plummet to $0.005 by February 14, 2025 (CoinMarketCap data, February 15, 2025)
👉(source: Michaël van de Poppe, Twitter, February 15, 2025).
