With His $TRUMP and $MELANIA Memecoins, Donald Trump Is Damaging Bitcoin.

A major problem that nobody has talked about for the last hours.

Donald Trump has officially become the 47th President of the United States. You might have imagined that preparing for this special day had occupied all his thoughts over the last few days, but that's not the case. Instead, Donald Trump has been busy orchestrating the launch of the TRUMP and MELANIA memecoins in the hours leading up to his inauguration.

To say that the launch of these memecoins met with mixed reactions from the crypto community would be an understatement. Some immediately saw them as an opportunity to get rich easily and effortlessly. Others see it as a validation of the value of memecoins. Finally, the more lucid fear disastrous repercussions for the entire ecosystem.

For my part, I'm in the camp of the more lucid who see this launch as a catastrophe that nothing can justify. A US president cannot afford to launch such a large-scale scam just before his inauguration.