The crypto world? Always full of chaos. Scams, hype, insane price swings—nothing new. But Trump? Oh, this is different. The guy who sold steaks, casinos, and even golden sneakers just jumped into crypto. Two new meme coins—TrumpCoin and MelaniaCoin. Big launch. Big hype. And now? A mess.
Trump’s Wild Ride With Crypto
Remember when Trump called Bitcoin a scam? Yeah, that didn’t last. By last summer, he was promising to make the U.S. the crypto capital of the world. Bold move. People got excited. They thought, maybe, just maybe, this guy would take crypto mainstream. Instead, we got two meme coins and a whole lot of confusion.
Boom, Bust, and a Lot of Questions
TrumpCoin launched at zero. Within hours? $15 billion market cap. Crazy. MelaniaCoin wasn’t far behind, hitting $2 billion. And then? A crash.
By February 11th:
- TrumpCoin: $15.56, $3 billion market cap.
- MelaniaCoin: $1.42, $212 million market cap.
That’s one nasty drop. Investors saw red. The industry saw trouble. What went wrong?
Why Crypto Is Side-Eyeing TrumpCoin
Wild Volatility: The rocket took off, then nose-dived. Fast gains, faster losses.
Regulation Nightmares: Meme coins? They live in a legal gray zone. Securities laws? Maybe. Commodity laws? Also maybe. The SEC? Probably watching.
Who Owns This Stuff? Turns out, 80% of TrumpCoin is controlled by Fight Fight Fight and CIC Digital—Trump-linked companies. Feels… fishy. Feels… manipulated.
Pump and Dump? Investors worry. Coins shoot up, insiders cash out, and regular traders get burned. Seen it before. Could be happening again.
The Crypto Industry Is Not Impressed
Rob Hadick from Dragonfly put it bluntly—Trump’s crypto hype looked promising, but this? Not it. Meme coins tied to politics? Bad look. Crypto needs legitimacy, not circus acts.
People are worried about:
- Small investors losing big.
- Crypto becoming even more political.
- Ethics. Should politicians profit off coins?
- Foreign money sneaking in through crypto?
So… What Now?
Yeah, these coins brought in new investors. But at what cost? By February, over 810,000 wallets were already in the red on TrumpCoin. Ouch.
Lessons for Crypto Investors:
- Don’t bet your savings on meme coins.
- Keep an eye on regulations—things are shifting fast.
- Be skeptical of political tokens. Too much baggage.
- Always use solid crypto signals before making moves.
Final Thought: Think Before You Ape In
Trump’s meme coins were supposed to be exciting. Instead, they feel like a warning. Hype isn’t a strategy. And when politics meets crypto? Things get messy.
Want real insights? Stay sharp. Follow Bull Crypto Signals. Because in crypto, the real winners aren’t the ones chasing hype—they’re the ones making smart moves.