🔴 Another president and another scam!
The world of cryptocurrencies has exploded again with a loud news item: the President of Myanmar has launched his own memecoin! It would seem that just recently he announced plans to enter #Web3 , but who would have thought that everything would be so predictable? According to wallet #Phantom , 96% of the token emission is concentrated in 10 holders, which looks like a classic pump and dump scheme. However, even the hype could not accelerate the price - the project's capitalization froze at a modest $ 70,000.
💰 The presidential trend for crypto is gaining momentum
Trump, it turns out, is not the only politician who decided to fly into memecoins. The President of the Central African Republic recently made a similar move, introducing the #CAR token, claiming it would “unite the people.” The crypto community is already betting on which world leader will be next in the game.
🔥 In the meantime, here’s what else is happening in the crypto world:
🚀 Japanese #metaplanet is buying up #BTC – the company is increasing its Bitcoin reserves, demonstrating an ironclad faith in the future of cryptocurrencies.
📈 Gemini is preparing for an IPO – another crypto exchange is planning to enter the stock market, and this could change the industry in a big way.
