Quotes
The rise of speculative assets such as the TRUMP and MELANIA memecoins diverts liquidity and increases market volatility,
Avinash Shekhar, co-founder and CEO of Indian trading platform Pi42, in comments to NEWS 18 ... said Avinash Shekhar, co-founder and CEO of Pi42 CIC Digital LLC, an affiliate of The Trump Organization, and Fight Fight Fight LLC collectively own 80% of the Trump Cards,
according to the $TRUMP website On the one hand I think this is a massive scam of his own followers, who are buying nothing, essentially, in the hopes that there will be a greater fool down the line to buy more ... On the other hand, maybe they're somewhat shielded from downside losses, because there will be a reliable source of individuals, companies, and foreign governments that see this—see buying these coins, these tokens—as a very convenient way to pay off the president for favors."
Catherine Rampell, Washington Post columnist, in an interview with CNN After decades of seeing presidents-elect spend the time leading up to inauguration separating themselves from their finances to show that they don't have any conflicts of interest, we now have a president-elect who, the weekend before inauguration, is launching new businesses along with promises to deregulate ... those sectors in a way to just blatantly profit off his own presidency."
Jordan Libowitz, Vice President of communications at Citizens for Responsibility and Ethics in Washington, told Politico He's launching a major, new multibillion-dollar venture in the burgeoning crypto industry, where he has the most profound conflict of interest between [what] he's seeking to gain and his duties to regulate that industry—which now includes himself. This may represent the single worst conflict of interest in the modern history of the presidency."
Norman Eisen, former White House ethics adviser under the Obama administration, told The Washington Post My NEW Official Trump Meme is HERE! It's time to celebrate everything we stand for: WINNING!"
On Friday night, Mr Trump wrote on his social media platform Truth Social Hand them a little crypto check, right? We’ll hand them a little bitcoin and wipe out our $35 trillion.”
After another massive overnight rally, as of Sunday morning, Trump's crypto holdings were worth as much as $58 billion on paper, enough – with his other assets – to make him one of the world's 25 richest people,
the Axios website reported I just lost all my Solana. I think I got scammed [by] Melania,
I am extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth and I truly believe @WorldLibertyFi will revolutionize DeFi/Cefi and will be the future of finance,
Trump has made a mockery of Bitcoin" following his TRUMP memecoin's launch, seemingly referring to how Trump "pumped" BTC during the Bitcoin conference in Nashville last year, only to end up launching his own coin
Investment manager Michael A. Gayed said Reminder: $MELANIA and $TRUMP are both going to $0 against #Bitcoin,
What do all the Bitcoiners who backed Trump think of this? Be honest. If your goal is to unite the country around Bitcoin this is the exact opposite of what you should want,
OFFICIAL TRUMP ($TRUMP) is now available to trade on Robinhood,
the exchange wrote in a post on X (Formerly Twitter). This is beyond insane. Less than 48 hours after its launch, $TRUMP erased $7.5 billion in market cap within minutes of $MELANIA’s debut.”
Analysts from The Kobeissi Letter commented The Official Melania Meme is live! You can buy $MELANIA now,
Melania Trump posted on the social platform X on Sunday While it's tempting to dismiss this as just another Trump spectacle, the launch of the official Trump token opens up a Pandora's box of ethical and regulatory questions,
said Justin D'Anethan, an independent crypto analyst based in Hong Kong The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun,
Sacks said, speaking on Friday at the so-called crypto ball event, intended to drive support for Trump among the crypto community and demonstrate its value to the incoming administration Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol $TRUMP and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type,
small print on the project’s website states This Trump Meme celebrates a leader who doesn't back down, no matter the odds,
says the coin's official site, which makes reference to the assassination attempt against the Republican in July 2024.
