These digital currencies are known for their extreme volatility and are often at the center of fraud. An additional 800 million units are expected to be made available, all owned by Trump and associates.
Digital currencies launched during the and his wife, Melania, are not unanimous in the community of these assets, because they refer to the sulphurous image of the environment.
The so-called ‘meme coin’ (a currency that consecrates enthusiasm for an idea, a message, a memory) has no economic utility and is often just a speculative asset.
On Tuesday night, the Trump, of which 200 million copies have already been put on sale, was worth around 46 dollars per unit.
An additional 800 million units are expected to be made available, all owned by Trump and associates.
In the last few hours, Lorenzo Sewell, who said a prayer at the beginning of Trump’s inauguration ceremony at the Capitol, also issued his own cryptocurrency.
“The ‘Trump coin’ is stupid and disturbing,” crypto entrepreneur Erik Voorhees commented on social media.
“I’m not a fan of these Trump ‘meme coins’, unless the proceeds go to victims of hurricanes or fires and protections are created to avoid conflicts (of interest) linked to foreign interests,” he wrote, also on social media. , pro cryptocurrency lawyer John Deaton.
These currencies are known for their extreme volatility and are often at the center of fraud.
“The appearance of ‘meme coins’, linked to personalities such as Trump and Melania, highlights the playful and experimental nature of the digital universe”, said Mike Cahill, from Douro Labs, specialized in developing the technology underlying digital currencies, the ‘blockchain’. ‘.
“Our activity should not be taken too seriously,” he told AFP.
If you accept the playful nature of the sector, Kevin Boon, from Mysten Labs, also specialized in ‘blockchain’, pointed out that “people can lose a lot of money”.
