When Donald Trump became involved in Mimokain last month, it started a flood of imitators in the cryptocurrency market. With his re -elected US President entered the cryptocurrency market, there was a significant increase in the number of opportunistic symbols.
According to Financial Times reportMore than 700 imitators launched their currencies within three weeks. A tangled network of symbols, from bold to ridiculous, fell in the Trump digital portfolio, leaving investors puzzled.
Copycats and Conbussion: The Name Game in Crypto
The numbers draw an amazing picture of opportunism at work. Of Various 736 Memecoins It was analyzed, 192 merging insolent Trump family nameWith 167 being copies directly.
The audacity does not stop at this limit – 67 symbols have slapped the word “official” in its names, although there is no relationship with the president. Some creators have even gone beyond the work of the coins that were named after Trump’s children, with 30 symbols that include Baron’s name, 26 indicating Ivanka, 10 mention Eric, and revealed.
Trump currency: The numbers behind digital deception
In the foggy world of cryptocurrency trading, looks can be deceptive. The official “Baron Trump” is an example; Although its potential value, based on its latest transaction price, is $ 6 billion, the reality is less impressive.
Mimikoin Trump inspires a wave of imitation https://t.co/zdmmlvkfs
– Financial Times (@Ft.) February 7, 2025
Since January 21, there has been no commercial activity on the encrypted currency, and the largest treatment was only about $ 240. The great contradiction between paper assessments and real liquidity is a warning about the speculation of these investments.
Domain and speed: a new challenge for the exchange of cryptocurrencies
This golden currency rush occurs at an unprecedented rate. The first tradition of Mimokin Trump appeared within 30 minutes of its first first appearance.
This fast pace did not slow down. Even major companies such as Coinbase find it difficult to keep up with the creation of new symbols. Brian Armstrong, Executive CEO, revealed almost that 1 million new icons are created per weekPerforming an individual evaluation of each symbol “is no longer possible”.
Experts inform the marketing of the market
Market monitoring and financial experts strongly criticized the scenario. According to the Brockengs analyst, Isaar Brasad, “has opened” flood gates “to deception.”
The complex methods that can be treated with these symbols are more important than the huge number of fake coins. One of the cases that sparked concerns about the potential tactics of manipulation in the market was when he bought a $ 100,000 merchant from the fake “Trump” coin, just to sell full after 12 seconds In a loss.
It is now difficult for ordinary buyers to know the difference between the risky and true voices of the today’s market. The difference between innovation and the maximum benefit from current resources is less clear as the rush of the digital currency continues. This raises concerns about the long -term effect on cryptocurrency markets and investor safety.
Distinctive image from David Hume Kennerly/Getty Images, tradingview chart
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