Donald Trump has introduced a meme coin, but it has faced criticism from cryptocurrency enthusiasts. Critics are unhappy with the coin's allocation of supply to insiders and the launch has been labeled unethical. The head of Skybridge Capital, Anthony Scaramucci, expressed his frustration, calling it "bad for the industry." Coffeezilla, known for exposing scams in the meme coin sector, and Mikko Ohtamaa, co-founder of tradingstrategy.ai, also voiced their disapproval. The launch has sparked a divisive conversation within the crypto community, with some seeing opportunity and others highlighting flaws in crypto governance.



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