Quotes
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 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 Hello every scam targeted at everyone and anyone who has no clue about crypto,
Cuban said on X on Monday about the coins 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 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 The industry, whether or not they are fans of meme coins, are excited about a new era for the regulatory approach to crypto,
Generally, the introduction of any meme coin ruffles the feathers of those who are serious about the use, legitimacy and security of crypto,
said Kyla Curley, a crypto expert and partner at global advisory StoneTurn Trump needs to fire his crypto advisors, from top to bottom,
tweeted Gabor Gurbacs, founder of digital asset firm Pointsville Enormous enthusiasm for a new president has helped boost the value of his meme coin
Chris Beauchamp, an analyst who studies cryptocurrencies at trading platform IG Markets, says For me, the Trump meme coins are utterly ridiculous
Petr Chromy, a cryptocurrency trader and IT engineer, who has been trading for more than a decade, says Make no mistake – these are only to be viewed as a collectable, a digital memento, and not a currency in which you can trade
Glen Goodman, author of bestselling book The Crypto Trader, says Right now Trump is on top of the world – there is a Make America Great Again feeling of goodwill
Just remember, during the gold rushes of the past, it was those who invested in the manufacture of picks and shovels who usually made far more money than the prospectors who were simply hoping to strike it lucky.
Yet I fear the madness of crypto fever is not yet over – and Trump could well be opening the floodgates for other celebrities to launch their own meme coins as a way to raise money from patron fans
When Bitcoin smashed through the $100,000 mark in December it was a new high
