Is Trump official meme coin a threat to Bitcoin ?

[o48o]

It is growing very fast. Is it a threat to Bitcoin or can we see it a good initiative that will lead to growth in price of all good coins including Bitcoin also ?

Why would a meme coin be a threat to bitcoin?

Because OP seems to think it's "growing very fast."



I am not sure what advanced math and metrics is OP using, but new ATL is coming every day.

The day when their family gets sued over these projects as well, will hopefully be cleansing day for crypto. Because if even president of US doesn't manage to pump the token by shilling it in his feed, days for forced memecoins like these are hopefully thing in the past.

I don't mean that other harmless meme coins would ever die. Hopefully it's just these.

[Orpichukwu]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

[ultrloa]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

Maybe the only thing they base is the influence of the person who create this token, but they fail to know the intention on why these influential guys create their own. Maybe best for those people to look at the actions done by this people, because they would know that those shitcoins owned by this popular person is nothing compare on Bitcoin.

For sure it will not go far and same with the other shitcoin they create it will eventually die later on. So they better don't ride with the hype since for many occasions lots of their investor lose their money due to massive dumps happen with those tokens they owned. So instead believing on them much better they buy Bitcoin directly and don't waste their time speculating on possible pump of those shitcoin.

[FortuneFollower]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

It's all for pumps and dumps.. I agree. No meme would be getting somewhere where the true utility coin would, BTC or not.

[Emitdama]

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

Unfortunately there are a lot of people who made this type of claim when it first came out. They were trump fans, and you can see right now that trump fans are supporting trump even when his gestapo are killing people on the streets, so when you have people who are rabid fans that much, then you do not really consider them to think logically when it comes to coins. However, this was a good thing for people who dislike trump, because this token actually stole from people who like trump, so it was good all around.

[WatChe]

Because OP seems to think it's "growing very fast."



I am not sure what advanced math and metrics is OP using, but new ATL is coming every day.

The day when their family gets sued over these projects as well, will hopefully be cleansing day for crypto. Because if even president of US doesn't manage to pump the token by shilling it in his feed, days for forced memecoins like these are hopefully thing in the past.

I don't mean that other harmless meme coins would ever die. Hopefully it's just these.

Certainly no comparison of Bitcoin with any other coin in the crypto market.

If we look at price chart of "The Trump Coin" then it's only going down with every passing week. For long term investment, its a big no to invest in memecoins. It's very important to invest in memecoins and timely exit otherwise your money will be struck. If memecoin named after US President is not able to move up then imagine the fate of other memecoins circulating in the market.