As an incoming president launches his own meme coin, the optics are striking; it raises questions about conflicts of interest in regulation.
Trump's previous condemnation of cryptocurrency as a scam starkly contrasts his current embrace, highlighting a potential self-serving motive behind the shift.
The rapid spike in $TRUMP's value to around $30 per token and a market cap of over $6 billion demonstrates the volatile nature of meme assets.
Trump's move into crypto follows a history of financial controversies and raises concerns about the integrity of his forthcoming presidential term.
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