Bitmex founder says Trump paves the way for Taylor Swift and Beyoncé memecoins

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Bitmex founder says Trump paves the way for Taylor Swift
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Bitmex founder says Trump paves the way for Taylor Swift and Beyoncé memecoins
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The founder of Bitmex, Arthur Hayessaid the market of memecoins can enter a new phase of growth with Trump and the launch of tokens by celebrities like Taylor Swift and Beyoncé.

The forecast comes after the success of the cryptocurrencies Trump and Melaniaassociated with the former president Donald Trump and your wife, Melania Trump.

On the day January 17Trump announced his memecoin trumpwhich quickly valued and generated debates on the impact of political figures on the cryptocurrency market. With a similar standard, in January 19Melania Trump launched the Melaniawhich reached a market value of $ 4 billion in just 30 minutes.

These releases brought new discussions about the Use of cryptocurrencies as a personal engagement and branding tool. For Hayes, this phenomenon opens doors for other celebrities to explore the sector.

Memecoins: Trump, Hype and Risks

The rapid growth of memecoins arouses enthusiasm and concern. Experts point out that centralized tokens control can create ethical and geopolitical risks. About 80% of Trump’s offer For example, it is under control of Trump Organization. This causes questions about political influence and market manipulation.

Meanwhile, the model advocates see in it a New form of fan monetization and engagement. The use of blockchain Allows Celebrities Lance your own digital economies, boosting exclusive interactions and new revenue models.

Case Figures like Beyoncé and Taylor Swift Lank your tokens, the market can face new regulatory challenges. Authorities closely monitor the impact of these initiatives and evaluate the need for specific standards to curb speculative practices and possible abuse of influence.

Celebrity memecoins may represent Good profit opportunities. Recently, as reported by Cryptofácil, a trader turned an initial investment of $ 2,000 in Memecoin Daddy Tate (Daddy) at $ 1.74 million in a short period.

On the other hand, These cryptocurrencies can be especially risky. At one point last year, these celebrity memecoins recorded a 90%drop, showing the risk involved in these tokens.

Bitmex founder says Trump paves the way for Taylor Swift and Beyoncé memecoins

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Bitmex founder says Trump paves the way for Taylor Swift and Beyoncé memecoins

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Bitmex founder says Trump paves the way for Taylor Swift and Beyoncé memecoins

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