Made in USA cryptocurrencies fall as the crypto love affair with Trump family moves close to divorce
CryptoSlate
The cryptocurrency community is distancing itself from Trump-branded digital assets, viewing them as exploitative grifts rather than legitimate industry growth tools.Summary
The cryptocurrency community, once a strong supporter of Donald Trump due to his promises of industry-friendly policies, is experiencing a significant rift. Investors and industry leaders are increasingly denouncing Trump-linked tokens like WLFI as exploitative projects that prioritize insider gains over the broader industry. While Bitcoin remains resilient as a institutional asset, the poor performance of Trump-branded tokens and allegations of financial manipulation have transformed them from political assets into potential liabilities, threatening his support base heading into the midterms.
(Source：CryptoSlate)