Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?
If you are hoping to make significant profit I honestly don’t understand going for a stablecoin. Especially one that is launched by a political family. I can understand if you just wanna use a token or coin for some profit making but I don’t know if this specific one will be the best option. Still, it’s your own choice but I don’t see the purpose of this coin let alone if it’s for profit making.
The purpose of $ Trump coin was just had huge profit for family because all crypto community understand how they use their influence and have huge profit this idea was giving by Elon Musk who is currently bestie in this
familyregard due to his tricks and huge profits in crypto market.
As of now peoples are saying they are having love for crypto but in reality they are adding huge amount of funds into their assets through crypto this is only love for this into their family I read many believe $ Trump coin is successful, but this was only for them and few insiders those have enough information about this, and they took advantage mostly common peoples have huge loses even many lost their lives savings into this. Due to this now peoples are well aware about these tactics and surely not going to oblige them in future because they can use this again because crypto blood has got into their mouth.