Trump is a shitcoiner scammer he creates shitcoins and sells them to naive, foolish, and greedy people, filling his own pockets. He is no different from other scammers like Vitalik Buterin, Justin Sun, Charles Hoskinson, and many other shitcoin fraudsters.
It’s shameful what Trump has come to he has completely lost all moral and principled standards. Instead of using his influence and knowledge for constructive purposes, he has devoted himself to easy profit and manipulation, creating and promoting shitcoins and profiting from the ignorance and greed of others.
Just the name "American Bitcoin" and the involvement of the Trumps is a pointer that it enjoys the influence of the President. I can't remember the Clintons and Obamas engaging in businesses that would enjoy some privileges from the president. I remember Hunter Biden's connections with a Ukrainian firm when Joe was Vice President.
The Trumps are openly taking advantage of their position to manipulate different markets for selfish gains. Some news outlets reported that some White House insiders usually have pre knowledge of tariff policies. And this information is used to manipulate the stock market. Trump has shown disregard for the standards set by past presidents and unfortunately, he knows how to take advantage of lacunas in the US legal system.