Quotes
A president and an administration that push these reckless ideas can also decide, equally recklessly, that they want to interfere with the (Federal Reserve’s) responsible stewardship,
says University of California at Berkeley economist Barry Eichengreen This memecoin represents the worst of crypto,
said Maxine Waters, Democratic congresswoman and member of the US House Financial Services Committee Some in the crypto world are reacting with horror,
said crypto skeptic Molly White We as an industry shouldn't take ourselves too seriously,
The $TRUMP token launch wasn't just a magnet for investors—it was a beacon for scammers,
These dApps often trick users into connecting their wallets, allowing scammers to drain funds,
Many of these tokens used misleading branding to lure investors,
This is the wild west, now; a world where there is the potential to unleash a lot of esoteric products and people are willing to see what will fly because it's such a growth area,
said Todd Sohn, ETF strategist at Strategas TRUMP is a relatively new innovation and is subject to unique and substantial risks,
REXShares and Osprey Funds said I’m not sure people quite grasp how much of the crypto world is reacting to the Trump memecoin launches,
Molly White, a software engineer and cryptocurrency chronicler, posted on X alongside screenshots from reactions that ranged from frustration to anger Hello every scam targeted at everyone and anyone who has no clue about crypto,
Cuban said on X on Monday about the coins Dear @realDonaldTrump : Please fire whoever recommended going forward with the Melania launch today,
Ryan Selkis, a longtime crypto advocate and political conservative, wrote on X on Sunday as the price of $TRUMP began to fall There’s now a fear that people who are not super familiar with this industry will see it as a cash grab and not see all the good uses of crypto that exist,
Obviously Trump, because of who he is, elevates a memecoin launch like nothing we’ve ever seen before,
Nothing stops the launch of many more tradable coins,
We have reached the 'Fartcoin' stage of the market cycle,
Einhorn wrote in an investor letter obtained by CNBC Given the previous U.S regulatory regime was about crackdown on crypto builders and enforcement actions on token-related activities, a token launch by the President, is a huge social signal to U.S builders: build away in the U.S, and don't be shy of launching tokens,
Whichever way you see it, we think a new chaotic crypto era is here,
he said in a note published Monday The industry, whether or not they are fans of meme coins, are excited about a new era for the regulatory approach to crypto,
I am extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth.”
Trump Org did not respond to a request for comment, but Eric Trump, the company’s executive vice president, said in an X post Saturday
