Why Trump's Meme Coins Have Alarmed Both Crypto Insiders and Legal Experts
Former U.S. President Donald Trump and his wife Melania have shaken the crypto world with their launch of $TRUMP and $MELANIA meme coins. While these tokens gained rapid market traction, soaring valuations, and social media buzz, they have also raised significant concerns among crypto insiders and legal experts.
Why Are Trump's Meme Coins Controversial?
Despite their playful branding and meme coin status, $TRUMP and $MELANIA come with disclaimers that the tokens are “not intended to be, or the subject of, an investment opportunity or a security.” However, market insiders argue that the extreme volatility of these coins—combined with their association with high-profile figures—creates fertile ground for speculative trading and manipulation.
Legal and Financial Implications
Financial regulators are closely scrutinizing these coins, fearing that their meteoric rise could attract inexperienced investors into a potentially unstable market. Some legal experts also question whether the Trumps’ involvement skirts securities laws, especially given their massive influence on market behavior.
