This is something to think about the future of bitcoin and the trump effect, what does this make for the latest development.
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I read that Trump owns 80% of this token, that only tells you what will happen later on.
Is this for real? Because I do not believe that Donald J. Trump is really aware of this memecoin. We all know how memecoin works.
I just saw on the Twitter account that Donald J. Trump reposted some posts on the $trump twitter account, so it is really real. I am surprised, is this even legal in the United States even if you are President or any kind of politician?
More precisely, the development team holds 80% of the total supply and people speculate that the wallet controlling that 80% of the supply belongs to Trump, but there is no concrete evidence that Trump actually owns them.
Before becoming a politician and president, Trump was a businessman and billionaire. Creating a crypto project is like a business so I don't think it violates US law.
There is a lot of controversy about the president issuing his own token on the market because it is something that has never happened before and honestly, it is crazy.