The Trump coin was the most successful one, and then here comes melania that has dumped a lot. So, I don't think that they're taking crypto seriously. Whoever manages their names for these cryptos are the ones that are taking it seriously because they're probably assigned to look at the markets and make the most of it. As much as I want to invest more with these celebrity or leaders-backed coins, they're more prone to pump and dump and I have personally experienced that and that's the reason why I am avoiding any of them.
According to coingecko, it is 200% up from its all time low and 82% down from its all time high. This is what we should call success?
I assume this is the stable coin you are discussing with us
https://www.coingecko.com/en/coins/usd1, it's currently only traded on one exchange Kinesis.money, honestly, I don't want to invest in anything related to the Trump family; they engaged in a pump and dump scheme, and only protect their interest, I did some research and the project has been flagged by lawmakers.
There will be a lot of controversy if they proceed with the airdrop. Trump has been finding ways to create or find a cash cow to continue profiting from cryptocurrency.
I agree that it is better to stay away because you are taking on additional risk with these things. For it to be worth it, the potential reward must be much higher than anything that was so far demonstrated with these celebrity or political tokens.
Trump Coin was indeed a success for those who are smart enough to know how to buy and cashout but I can tell you for a fact that it is a future disaster waiting to happen because it will likely remain relevant as long as Trump remains the president of the US. This is why anyone holding should know when to take profits to avoid holding on to something that may turn worthless in the future. It is always difficult to buy memecoins, maybe it is because I like holding for as long as possible.
The lucky few and the insiders? Most people lost money, I would not consider that a success.