Opinion

Trump meme coins are a disaster in waiting

Whatever one’s view of the value of cryptocurrencies, something about this moment feels like a story that won’t end well.

Lionel Laurent

Jan 27, 2025 – 4.43pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

As a European who doesn’t own bitcoin, I enjoy a bit of schadenfreude when the cryptocurrency industry is really upset about something.

And the latest bout of outrage is a doozy: the virtual-currency elites who saw Donald Trump as a crypto saviour are now upset over his recent multibillion-dollar Trump-branded meme coin sale.

Bloomberg Opinion

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Introducing your Newsfeed

Follow the topics, people and companies that matter to you.

Fetching latest articles