TRUMP COIN SCAM? 😲 Latest Crypto Market News & BTC Updates Today 📊

Donald Trump's recent launch of the $TRUMP meme coin has sparked significant controversy and raised concerns about potential conflicts of interest. The cryptocurrency, introduced just before his inauguration, saw its market capitalization soar to over $10 billion within hours, with 80% of the tokens owned by Trump-affiliated entities. Critics argue that this concentration of ownership could lead to market manipulation and question the ethical implications of a sitting president directly benefiting from such ventures. The launch of $TRUMP, along with Melania Trump's $MELANIA coin, has also drawn criticism from within the cryptocurrency community. Many express concerns that these tokens, lacking intrinsic value and driven by social media hype, could undermine the credibility of the broader crypto market. Despite initial surges, both coins have experienced significant volatility, highlighting the speculative nature of meme coins. In response to these developments, the