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
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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.
cointelegraph.com11 / Cointelegraph - Layer3.news AI summary
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2024-10-29 01:14:01
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2024-10-29 01:14:01Event JSON
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