The article discusses the launch of meme coins TRUMP and MELANIA by former US President Donald Trump and First Lady Melania Trump, respectively. Initially, the tokens experienced a surge in value, but the community soon realized that Melania held a large portion of the MELANIA token supply, resulting in a drastic drop in its value. The author suggests that the launch of these coins may have damaged the legitimacy of Bitcoin and criticizes Trump's focus on profits rather than supporting the crypto community. The article also highlights the warnings issued by Ethereum founder Vitalik Buterin and praises his commitment to the community. The author concludes by cautioning against blindly trusting future token launches by Trump and highlighting the disdain Wall Street holds for retail investors and cryptocurrencies.



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