The cryptocurrency world is buzzing, and meme coins continue to steal the spotlight. With their playful branding and vibrant communities, meme coins have captured the attention of investors worldwide.

By associating himself so closely with meme coins, some crypto fans worry that Trump hurts his chances to help the wider crypto industry.

There’s Donald Trump the crypto champion, promising to unshackle an industry hit by a years-long regulatory crackdown. Then there’s Trump the memecoin, which created billions of dollars of instant paper wealth but earned sharp rebukes even from the industry that stands to gain perhaps the most from his presidency.