Tuesday, 02 January 2024 12:17 GMT

MAGA Supporters Grumble Against Trump's Meme Coin


(MENAFN- Investor Brand Network) Just days before he was set to take office as the next U.S. president, Donald trump made a surprising announcement: he was launching a meme coin named after himself. His wife, Melania Trump , soon followed suit with her version. The move caught many in the Cryptocurrency industry off guard, leading to immediate criticism . Ethics specialists also raised concerns about the implications of such a venture.

While Trump's core supporters did not react with the same level of outcry, there was still notable discontent. Some within the MAGA movement, particularly those who are also involved in the crypto space, felt uneasy about the move. Among conservative circles, where skepticism toward...

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