Trump's Crypto Adventure: A New Wave of Risk and Controversy

President Donald Trump's latest venture into the crypto world has sparked a mix of excitement and concern. Just days before his inauguration, he launched a memecoin called $TRUMP. In a short time, it skyrocketed, making him a crypto billionaire overnight. However, the hype around this coin has raised serious questions. Many in the crypto industry see it as a scam, noting that Trump and his associates control most of the coin's supply. This means they can sell their shares, crashing the price and leaving investors with nothing. It's a classic pump-and-dump scheme, visible to all on the coin's website. Experts warn that this bold move sends a dangerous message. It suggests that ethical boundaries are no obstacle in the pursuit of wealth. The fear is that Trump's actions could lead to a catastrophic crypto market crash, affecting the entire economy. But what should investors do? Should they dive in or steer clear?