CRYPTO THOUGHT TRUMP WOULD BRING IT LEGITIMACY. THEN HE LAUNCHED A MEME COIN

Summary from the TLDR Crypto newsletter

The launch of Trump-branded meme coins ($TRUMP and $MELANIA) has sent shockwaves through the crypto industry, which had hoped for regulatory legitimacy under his administration. Critics, including crypto insiders, warn that the speculative tokens undermine the sector's credibility, raise ethical concerns, and signal frothy market conditions.