Donald Trump has become a key opinion leader in the cryptocurrency industry, promoting his own ventures such as the $TRUMP coin and World Liberty Financial. This has sparked concerns about conflicts of interest and insider dealing. Crypto founders like Rushi Manche of Movement see Trump's involvement as a marketing opportunity and have sought to associate their tokens with the president to boost their prices. However, this strategy has also faced criticism for exploiting Trump's fame and undermining crypto's anti-establishment ethos. Manche remains unfazed by the backlash and believes that aligning with Trump will help his company grab attention in the competitive crypto market.
Content Editor ( coindesk.com )
- 2025-02-13
How a Sitting President Became a Crypto's Most Sought-After Investor
