Trump invests in Binance? My concerns
The Trump family launched the $TRUMP and $MELANIA tokens in January this year, which experienced dramatic rises and falls after listing, causing significant losses for retail investors and exposing their 'harvesting' tactics. If Trump really invests in Binance, I am very worried that this largest global exchange will turn into a tool for his family's financial gain. Binance may lose its credibility, market manipulation could intensify, and regulation would become more complex. Short-term traffic may rise, but in the long run, retail trust will collapse, and the market will become more speculative. I hope this is just an overreaction, but given the Trump family's track record, retail investors should be cautious and not become the bag holders again.
