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President of The ETF Store: Crypto should not be blamed for being “rug pulled” by the President’s Meme Coin, and the technology will develop further

2025-02-16 03:21

Odaily News Nate Geraci, president of The ETF Store, said in a post on X: “Creating a meme coin only takes a few clicks of the mouse, which is why everyone knows that 60,000 meme coins are created every day.
At this point, if you are being ‘rug pulled’ – whether it’s Trump, Milley or someone else – it’s not an indictment of Crypto, it’s your own ‘pot’. For my traditional finance friends who haven’t played with Meme coins yet, the focus should be on the technology, not the ‘grift’.
The technology is almost flawless, it’s just a live test environment right now for what you’re seeing, but it will evolve further from this stage.”