politics / leaders
2 hours ago

Critics Slam Trump’s Meme Coin as 'Shameless Grift' Before Inauguration

Critics Slam Trump’s Meme Coin as 'Shameless Grift' Before Inauguration
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7 Highlights
  • Donald Trump launches $TRUMP, a new meme coin, causing controversy.
  • Critics label $TRUMP a 'shameless grift' with comparisons to a Ponzi scheme.
  • Trump announced $TRUMP via social media, promoting it himself.
  • $TRUMP is said to symbolize a 'winning' spirit, according to Trump's team.
  • Crypto expert Stephen Findeisen describes the coin as 'cynical'.
  • Critics like Matt Novak denounce $TRUMP as an obvious scam.
  • Economic writer Joey Politano calls it a 'bitcoin presidency'.
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