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2024-10-28 18:24:41
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cointelegraph.com11 on Nostr: Summary of Trump win, ‘regulatory sanity’ is bad news for memecoins: Professor ...

Summary of Trump win, ‘regulatory sanity’ is bad news for memecoins: Professor
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/0192d06e-d0c4-74e1-9008-9a5b359db26d


The source article:
Trump win, ‘regulatory sanity’ is bad news for memecoins: Professor
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/0192d06e-d0c4-74e1-9008-9a5b359db26d

A Donald Trump presidency would be "bearish memecoins" as they are a "form of economic populism and a statement against the unfair," a professor claims.

https://cointelegraph.com/news/trump-win-bad-news-memecoins-professor

A finance professor claims that a Trump presidency could be bearish for memecoins, which have prospered as a statement against unfair tokenomics. Memecoins have a $61 billion market capitalization and are a form of economic populism. Some argue that memecoin traders are not interested in politics and their popularity has little to do with government policies.
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