I have been very positive about Trump's stance on crypto ever since his speech at the Bitcoin conference last year (my thread covering that event) https://niggasin.space/thread/90608
Elon has a history with DOGECOIN. Here is how I think the arrangement is set up, Trump creates the "DOGE" department to pump DOGE for Elon, and in return Elon will use his platform to pump TRUMP coin. You scratch my crypto, I'll scratch yours..
The $TRUMP Memecoin is 100% a pump and dump. 80% of the contract is locked up by the developers. the coin is on the SOLANA blockchain. It's a completely useless token with zero development that does nothing and only exists to be pumped and rugged easily just like HAWK TUAH coin or Jack Doresy
6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
https://solscan.io/account/5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7#defiactivities This $25 BILLION SOL account is the creator of $TRUMP coin and is creating meme coins in all the TRUMP family names along with liquidity tokens. This is EXACTLY how you set up a rug. Just search up "RATCOIN" the entire thing was an ironic meme coin that was obviously copying rug dynamics (which actually made it the most honest memecoin ever) this is just obvious AND PEOPLE ARE STILL BUYING IT
and by the way do not buy $TRUMP coin it's down $20 in the 24hours since I checked it last. DOGE might be a good purchase since it's obviously being manipulated by this macro corruption and it's a PROOF OF WORK crypto so it can't be underhanded scammed like a fake memecoin. Elon getting a government agency named after a crypto is a huge SEC violation not like I care about the law but still, it's just so fucking obvious. https://rugcheck.xyz/tokens/6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
Yes this is illegal but that doesn't matter. Crypto came out of the 2008 financial crash where governments bailed out banks at the cost of taxpayers and it can be argued banks caused the crash in the first place, So people created their own economic system that had nothing to do with banks that changed the way we think about finance forever. I don't care that this is now the easiest way for billionaires to 100x their money making a memecoin or pumping another coin. That's not the problem
The problem is that it has nothing to do with the technology and it's being used for the wrong reasons. $TRUMP should not exist, Solana is nothing but a pump and dump chain of bullshit, nobody makes this shit on ETH anymore because Vitalek isn't corrupt by banks and the government
The entire crypto industry is behind all of this because Trump promised Nuclear Bitcoin and now everyone is holding hands with the banks and government. It has gone from technology future money to just another government regulated corporate pump and dump bank scam.
Privacy coins aren't the answer either, Monero will wither and die because the market doesn't care. The sad reality is that as long as powerful government entities exist no matter what technology you create it will always be corrupted and lose it's original purpose and become another tool of the machine like AI.
