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Author Topic: Cryptocurrencies that are clearly tied with one person  (Read 114 times)
JaanusRaim (OP)
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April 09, 2026, 10:25:57 PM
Merited by hugeblack (1)
 #1

Like OFFICIAL TRUMP (TRUMP) and Official Melania Meme (MELANIA).
Are there more of that kind of cryptocurrencies that are clearly tied with one famous (or not so famous) person and are created/authorized by that person?
Is there some specific name for such "personal cryptos"?
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April 09, 2026, 10:30:56 PM
 #2

There are many of them but the ones I can remember are those that are created by celebrities that are singers. Even in my country there was one which the singer used to stole people's money just like those Americans singers. You can asked Google AI about it because this is not what I am interested in because they are all pump and dump.

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JaanusRaim (OP)
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April 09, 2026, 10:45:51 PM
 #3

There are many of them but the ones I can remember are those that are created by celebrities that are singers. Even in my country there was one which the singer used to stole people's money just like those Americans singers. You can asked Google AI about it because this is not what I am interested in because they are all pump and dump.

Very interesting. Imagine that there will be a list of millions "personal cryptocurrencies" from all kind of different celebrities: sportsmen (prices before and after Olympic Games!), politicians (prices before and after elections!), young artists (prices before and after they get famous!) and so on and so on.


I am still looking for a proper keyword for them.
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April 09, 2026, 10:57:02 PM
Merited by Charles-Tim (1)
 #4

You will find dozens of them[1], but Trump is the only exception, as many may want to buy TRUMP simply because he is the President of the United States, and its value will decrease greatly after Trump's presidential term ends, so there is no fundamental reason to buy these tokens.

[1] Mike Tyson ($TYSON) / Haliey Welch (HAWK) / Kanye West/Ye (YZY) / Akon (AKN)

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April 09, 2026, 11:14:48 PM
Last edit: Today at 12:57:35 PM by JaanusRaim
 #5

You will find dozens of them[1], but Trump is the only exception, as many may want to buy TRUMP simply because he is the President of the United States, and its value will decrease greatly after Trump's presidential term ends, so there is no fundamental reason to buy these tokens.

[1] Mike Tyson ($TYSON) / Haliey Welch (HAWK) / Kanye West/Ye (YZY) / Akon (AKN)

Great thanks!

These are very interesting examples.
Mike Tyson ($TYSON) trades at $8.4K (market cap).
One of the Haliey Welch (HAWK) investors reported to sec after buying her at $500M (market cap).
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Today at 07:07:05 AM
 #6

These to add more to your list of coins created by a celebrity or tied to the one person.

Andew Tate $DADDY

Ronaldinho $STAR10

Caitly Jenner $JENNER

Jason Derulo $JASON

Iggy Azalea $MOTHER

There will be many more, but it may be the list to be very long. I have seen even so many big boy who actively used X was also releasing their own meme. The fact that all of these celebrity memes are pure trash.  Grin Grin

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Today at 07:11:10 AM
Merited by hugeblack (4), promise444c5 (2)
 #7

You will find dozens of them[1], but Trump is the only exception, as many may want to buy TRUMP simply because he is the President of the United States, and its value will decrease greatly after Trump's presidential term ends, so there is no fundamental reason to buy these tokens.
Official Trump increased for like 2 days after launch and it started to fall since that time. All-time high of the coin is $78 but it is now $2.89.

Melania all-time high is $45 but now $0.106
WLFI all-time high is $1 but now at $0.085

These coins will not get to all-time high. They are all not stores of value even when Trump is the president of the United States.

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Today at 08:27:11 AM
 #8

Official Trump increased for like 2 days after launch and it started to fall since that time. All-time high of the coin is $78 but it is now $2.89.

Melania all-time high is $45 but now $0.106
WLFI all-time high is $1 but now at $0.085

These coins will not get to all-time high. They are all not stores of value even when Trump is the president of the United States.

WLFI never reached 1$ as far as I know, did it?

Speaking of memecoins and TRUMP, look what he's up to in a couple of weeks:

https://www.yahoo.com/news/articles/trump-team-schedules-mar-lago-185721379.html

You would think he'd be more concerned about attending the Bitcoin conference after all the promises he made.  Cheesy

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Today at 09:12:16 AM
Merited by Ishicryptic (1)
 #9

WLFI never reached 1$ as far as I know, did it?
WLFI all-time high on Coinmarketcap is $0.46 which was on September 01, 2025.
On Coingecko, the all-time high is $0.331336 which was on September 01, 2025.

I followed the price on Mexc that day, it started at $1 and started to fall. Also on September 01, 2025. That was the day and hour it wa launched.

A good coin will not cause this price difference if it is a good coin because it would rise above the launch price on all exchanges which would have solved this differences but it was falling on all exchanges immediately it was launched. Although, token like Trump increased above the launch price but it is still a shit coin.

There could be differences in Melania token also because it started to drop immediately it was launched. It is completely a shit token.

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Today at 10:57:44 AM
 #10

that's usually a bad idea.

there were a few coins tied to a single "visionary" dev (Cronje, Pacman to name a few).

all ended up poorly as they tend to just abandon projects and move onto other things so the coins simply head to 0.

btw, now it's hard to believe, but ETH used to be almost entirely tied to the persona of Vitalik. luckily the vision grew enough for him to become completely irrelevant to the project and the coin but that's an exception to the rule.

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Ishicryptic
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Today at 01:32:46 PM
 #11

You will find dozens of them[1], but Trump is the only exception, as many may want to buy TRUMP simply because he is the President of the United States, and its value will decrease greatly after Trump's presidential term ends, so there is no fundamental reason to buy these tokens.
Official Trump increased for like 2 days after launch and it started to fall since that time. All-time high of the coin is $78 but it is now $2.89.

Melania all-time high is $45 but now $0.106
WLFI all-time high is $1 but now at $0.085

These coins will not get to all-time high. They are all not stores of value even when Trump is the president of the United States.
Newbies shouldn't be deceived by coins that are affiliated or named after a celebrity because from records they all ended up  being shitcoins, they went down with investors funds while mostly the dev. teams become richer. Infact any token with the name of a celebrity should be a red flag, if you use your money to buy them you should know that you are gambling your funds. A few celebrities names as meme projects have been used to scam victims in Nigeria, and today these celebrities are walking free.

You should know what you're getting into if you insist on buying a cryptocurrency because it's bearing the name of somebody popular, they are marketing gimmicks to get investors who they will later scam. Imagine the failure of tokens with the name of a sitting president with his wife, if you cannot sue these celebrities and politicians then you should beware.

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Today at 02:09:16 PM
 #12

So much interesting information!

I quote:
"I have quite a number of friends or acquaintances I think are extremely smart and talented, across a number of different fields. I have no doubt a number of them will be extremely successful. I would love to have the ability to invest in these people.

If everyone had their own personal token, I could actually do this. I could provide some capital to them now, or accept their token as a payment for something, even something as small as a lunch or a drink. In the future, when they are rich and famous (only slight sarcasm here), I could sell those tokens for a profit."

from the John Palmer article "What if Everyone Had Their Own Cryptocurrency?"
https://medium.com/@johncpalmer/what-if-everyone-had-their-own-cryptocurrency-551ea2f9aa1d

From this article we can see that the "personal cryptocurrencies" are cryptocurrencies par excellence - cryptocurrencies in its most clear, clean form as the shares of reputation.

Now the answer for the question "Where the value of a cryptocurrency come from?" is much more clear to everyone (and not only for "personal cryptos" but for others as well).

Cryptos value does not come from a technical protocol. To say that the value of a cryptocurrency comes from its technology is just as absurd as to say that the value of a stock comes from the paper it is printed at.
The value of a cryptocurrency comes directly from its reputation (image, fame, public acceptance). Of course, the reputation of traditional cryptos like Bitcoin is partly influenced by the possibilities to use it in the real life situations which in turn is partly due to its technology. But this is far from one to one clear relationship: the technology is only one among many factors that affect the cryptos reputation - the true source of its value.

You can have technologically the best crypto in the whole world but its value is zero until it is well marketed.

"Cryptos have no value because everyone can create its own crypto." Yes, crypto as such has no value. Only crypto with reputation has value.

The cryptocurrencies and stocks are similar because both offer the chance it buy shares (parts) into something you have not created. And both cryptos and stock can be created by everyone.



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Today at 02:17:23 PM
 #13

So much interesting information!

I quote:
"I have quite a number of friends or acquaintances I think are extremely smart and talented, across a number of different fields. I have no doubt a number of them will be extremely successful. I would love to have the ability to invest in these people.

If everyone had their own personal token, I could actually do this. I could provide some capital to them now, or accept their token as a payment for something, even something as small as a lunch or a drink. In the future, when they are rich and famous (only slight sarcasm here), I could sell those tokens for a profit."

from the John Palmer article "What if Everyone Had Their Own Cryptocurrency?"
https://medium.com/@johncpalmer/what-if-everyone-had-their-own-cryptocurrency-551ea2f9aa1d

From this article we can see that the "personal cryptocurrencies" are cryptocurrencies par excellence - cryptocurrencies in its most clear, clean form as the shares of reputation.

Now the answer for the question "Where the value of a cryptocurrency come from?" is much more clear to everyone (and not only for "personal cryptos" but for others as well).

Cryptos value does not come from a technical protocol. To say that the value of a cryptocurrency comes from its technology is just as absurd as to say that the value of a stock comes from the paper it is printed at.
The value of a cryptocurrency comes directly from its reputation (image, fame, public acceptance). Of course, the reputation of traditional cryptos like Bitcoin is partly influenced by the possibilities to use it in the real life situations which in turn is partly due to its technology. But this is far from one to one clear relationship: the technology is only one among many factors that affect the cryptos reputation - the true source of its value.

You can have technologically the best crypto in the whole world but its value is zero until it is well marketed.

"Cryptos have no value because everyone can create its own crypto." Yes, crypto as such has no value. Only crypto with reputation has value.

The cryptocurrencies and stocks are similar because both offer the chance it buy shares (parts) into something you have not created. And both cryptos and stock can be created by everyone.

Interesting idea tbh, but I think its a bit oversimplified. Reputation definitely plays a big role, no doubt about that. If nobody trusts or uses a coin, its basically dead no matter how good the tech is, we've seen that many times already.

But saying value only comes from reputation is not fully right either. With something like bitcoin, the tech (security, decentralization, network effect) is actually part of why people trust it in the first place. Its not just image, theres real utility behind it.

Personal tokens sound cool in theory, like investing in people, but also risky. Reputation can change fast, and theres no real fundamentals to fall back on if hype dies.

So yeah, reputation matters a lot, but without some real use or strong network, it uisually doesnt last long, both sides kind of depend on each other.
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Today at 02:51:52 PM
 #14

There are many of them but the ones I can remember are those that are created by celebrities that are singers. Even in my country there was one which the singer used to stole people's money just like those Americans singers. You can asked Google AI about it because this is not what I am interested in because they are all pump and dump.

Very interesting. Imagine that there will be a list of millions "personal cryptocurrencies" from all kind of different celebrities: sportsmen (prices before and after Olympic Games!), politicians (prices before and after elections!), young artists (prices before and after they get famous!) and so on and so on.


I am still looking for a proper keyword for them.
If you're a major influencer, singer, actor, or multitalented person involved in the cryptocurrency world and frequently involved with meme coins, then you can use that as capital to create a coin in your name and then spread it online. Immediately, die hard devotees will believe in it and buy it. There, you can make a lot of money. Similar to $TRUMP and $MELANIA, where people only care about the hype, not the utility.

It's been proven that when hype is used as capital, shitcoins can only last a week at most.

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Today at 04:48:25 PM
 #15

Trump has many crypto variants for each of his families, starting from memecoin, stablecoin, DeFi; they are actually doing business in this period with almost all crypto players.

Speaking of WLFI, there seems to be a big profit-oriented plan to exploit power, especially because Trump is the dominant person in control of the war with Iran.

Quote from: =https://x.com/i/status/2041905559033569435
Yesterday, Trump family's crypto project deposited 5% of $WLFI's total supply on Dolomite and borrowed $75 million in stablecoins against it. 5% of WLFI's token supply is worth roughly $500M. Then, just a few hours before Trump announced the Iran ceasefire, WorldLibertyFi sent $40M+ in stablecoins to Coinbase.
(from the ones they borrowed)

Did they use these stablecoins to long the markets, knowing what Trump would announce? No one knows, but I wouldn't be surprised.
But this is what is very concerning: If that WLFI collateral position ever gets close to liquidation, it's basically unliquidatable without major losses for lenders.

In conclusion: if you become a fan of this kind of coin, you are entrusting your investment returns to the influence of just one person.

 
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JaanusRaim (OP)
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Today at 08:18:24 PM
 #16

So much interesting information!

I quote:
"I have quite a number of friends or acquaintances I think are extremely smart and talented, across a number of different fields. I have no doubt a number of them will be extremely successful. I would love to have the ability to invest in these people.

If everyone had their own personal token, I could actually do this. I could provide some capital to them now, or accept their token as a payment for something, even something as small as a lunch or a drink. In the future, when they are rich and famous (only slight sarcasm here), I could sell those tokens for a profit."

from the John Palmer article "What if Everyone Had Their Own Cryptocurrency?"
https://medium.com/@johncpalmer/what-if-everyone-had-their-own-cryptocurrency-551ea2f9aa1d

From this article we can see that the "personal cryptocurrencies" are cryptocurrencies par excellence - cryptocurrencies in its most clear, clean form as the shares of reputation.

Now the answer for the question "Where the value of a cryptocurrency come from?" is much more clear to everyone (and not only for "personal cryptos" but for others as well).

Cryptos value does not come from a technical protocol. To say that the value of a cryptocurrency comes from its technology is just as absurd as to say that the value of a stock comes from the paper it is printed at.
The value of a cryptocurrency comes directly from its reputation (image, fame, public acceptance). Of course, the reputation of traditional cryptos like Bitcoin is partly influenced by the possibilities to use it in the real life situations which in turn is partly due to its technology. But this is far from one to one clear relationship: the technology is only one among many factors that affect the cryptos reputation - the true source of its value.

You can have technologically the best crypto in the whole world but its value is zero until it is well marketed.

"Cryptos have no value because everyone can create its own crypto." Yes, crypto as such has no value. Only crypto with reputation has value.

The cryptocurrencies and stocks are similar because both offer the chance it buy shares (parts) into something you have not created. And both cryptos and stock can be created by everyone.

Interesting idea tbh, but I think its a bit oversimplified. Reputation definitely plays a big role, no doubt about that. If nobody trusts or uses a coin, its basically dead no matter how good the tech is, we've seen that many times already.

But saying value only comes from reputation is not fully right either. With something like bitcoin, the tech (security, decentralization, network effect) is actually part of why people trust it in the first place. Its not just image, theres real utility behind it.

Personal tokens sound cool in theory, like investing in people, but also risky. Reputation can change fast, and theres no real fundamentals to fall back on if hype dies.

So yeah, reputation matters a lot, but without some real use or strong network, it uisually doesnt last long, both sides kind of depend on each other.


I imagine Satoshi Nakamoto creating his "personal cryptocurrency" Tongue His personal reputation is somewhat due to his technological achievements and - to the greater extent - due to his (his team) wonderful marketing skills. Bitcoin Whitepaper was not highly recognized by the scientific community and the majority said that "this will not function" (please correct me if I am wrong!).

Just try to imagine the price movements of Satoshi Nakamoto ($atoshi)...  At first almost no-one believes that this is real Satoshi who created that crypto and $atoshi price is around zero. Later we will see price swings never seen in 18 years crypto history. When Haliey Welch managed to raise 0.5 billion usd (market cap) then Satoshi Nakamoto will reach trillions. The biggest joke would be if $atoshi will become the World Money and reach the magical one million usd a pop (21 trillion usd market cap) that we are waiting from Bitcoin in the long run  Smiley

(Have you ever thought that Bitcoin is only the finger that shows to the Moon, not the Moon itselt?)

 
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Today at 09:41:16 PM
 #17

-cut-
I am still looking for a proper keyword for them.
Word you are looking for is celebrity tokens. They don't need to have anything to do with the person. People used to make them without permission to use the brand name back in 2016 or even before, when there wasn't any tokens aware. Then people made coins with their names.

And these days some team can just buy the rights to use the name, and that's likely what happened with trump and melanie tokens as well. I am willing to bet that contract also bound trump to participate a dinner with biggest holders.

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