1confirmation founder: Trump's coin issuance shortly before the inauguration is "predatory" and may hurt many people

Odaily News Nick Tomaino, founder of 1confirmation, commented on Trump's coin issuance on X: "The change in atmosphere from the Biden anti-crypto era to the Trump era is great. However, Trump owns 80% of TRUMP shares and launched it shortly before the inauguration. This is predatory and many people may be hurt by it. At present, it looks like an FTX token. This is not as important as some people say, and it will pass soon.
How big TRUMP is depends entirely on how Trump and his team treat it going forward. The odds are very high. If it’s just for the money and they don’t do much with it after the release, then it’s not a big deal (like NFTs). If they focus on the token and use it for good things (airdrops for MAGA, etc.), then it’s a big deal.”