The Trumps want you to buy their meme coins, but history should make us cautious about the hype
- Written by Emmanuel Mogaji, Associate Professor in Marketing, Keele University
Just before assuming office as the 47th president of the United States, Donald Trump introduced his meme coin – $Trump. The digital token attracted lots of attention, and a couple of days after its launch the combined value of the coins was nearly US$8.5 billion (£6.9 billion).
Trump venturing into meme coins is perhaps not surprising,...