So, here’s the latest buzz – on Sunday, January 19, just before Donald Trump was about to take office for his second term, the news dropped: Trump had launched a brand-new cryptocurrency token, and it was making waves. The Associated Press reported that this token’s value was soaring, which could give Trump’s net worth quite a nice boost. Sounds intriguing, right?
But hold on a minute – not everyone is sold on the idea of “Trump memecoins.” While some people are all about the hype, others are raising their eyebrows, and tech experts are stepping in with their thoughts.
Molly White, a tech researcher and software engineer, made sure to remind us all to take a step back and think carefully about what’s really going on. She tweeted, “I’m not sure people quite grasp how much of the crypto world is reacting to the Trump memecoin launches.”
White didn’t stop there – she shared some pretty strong opinions from tech professionals who had some spicy takes about the whole situation.
For instance, Nic Carter, a crypto investor and die-hard Trump supporter, called the launch “absolutely preposterous,” saying, “They’re plumbing new depths of idiocy.” Ouch.
Then, there’s Ryan Selkis, who wasn’t too thrilled either. He tweeted, “Dear @realDonaldTrump, Please fire whoever recommended going forward with the Melania launch today.” Looks like he wasn’t a fan of the strategy.
And, of course, there’s Gafoor Kahan, who tweeted, “The fact that the US president is launching memecoins just shows how far crypto has come. I’ve been in crypto for 7 years and have never seen something like this. We started off as a small group of tech geeks and internet coins. Now we’re taking over the world. Crazy times.”
But it doesn’t end there. When an X user called out White for “flailing” and being anti-crypto, she didn’t hold back, responding with, “You’re just determined to look dumb as hell, huh.”
So, what’s your take on all of this? Memecoins or just another crypto craze? Let us know in the comments below – it’s a wild ride in the world of tech and crypto, that’s for sure!
