The Trumps' coin issuance has polarized opinions, with critics calling it a "pump and dump" scheme
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2025-01-21 23:02 1,739
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Golden Finance reports that the Trump couple’s “coin issuance” has caused polarized opinions in the cryptocurrency industry. Some people regard it as an innovative venture, while others believe it is a way to take advantage of Trump’s fan base. Predatory tactics. Kenneth Lamont, principal of Morningstar, warned investors not to trade cryptocurrencies without a proper understanding of the risks involved, “If Trump delivers on his campaign promises, the cryptocurrency market will likely continue to soar. However, investors are most likely to It’s better to resist FOMO than sit back and watch.”
Critics have called the launch of $TRUMP a classic “pump and dump” scheme, in which insiders inflate the value of financial assets while holding a large portion of the supply, only to sell their holdings at a profit, allowing Other investors suffered the consequences of plummeting values.