Opinion: Trump's election as US president may be bad for Memecoin

Omid Malekan, an adjunct professor at Columbia Business School, recently wrote on X that Trump's election as US president may be bad for Meme Coin because its prosperity is a "resistance to unfairness." Malekan said: "Meme coins themselves are a kind of economic populism. They are a rebellion against the unfair (and often fraudulent) token economics of tokens supported by VCs and insiders." Malekan added: "The regulatory sanity of the United States is bad for Meme coins because it refocuses the focus of cryptocurrencies on DApps and other really important things, leading to a long-term bear market, and most people lose money as a result." (Cointelegraph)