$BTC Odaily Planet Daily News: Although the Trump administration's regulation of cryptocurrency is more inclusive than that of the Biden administration, analysts believe the crypto space seems to have become a cash cow for the Trump family. The issuance process of meme coins is simple; if market interest surges, their prices can skyrocket from near-zero levels, providing early buyers with the opportunity to make huge profits. Cryptocurrency enthusiasts refer to accounts that make large, early purchases as 'snipers'. According to U.S. financial regulations, meme coins are not considered securities, meaning that project initiators are not bound by federal disclosure and insider trading rules aimed at protecting retail investors. Statistics show that potentially 24 'insider' accounts purchased 200 million coins scheduled for sale during the issuance period.
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