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BTCC / BTCC Square / Global Cryptocurrency /
Trump Coin Accused Of 100% Grift, Says YouTuber Coffeezilla

Trump Coin Accused Of 100% Grift, Says YouTuber Coffeezilla

Author:
Global Cryptocurrency
Published:
2025-01-19 21:52:15
8
3
The latest meme coin launch by incoming US President Donald Trump has sparked controversy within the cryptocurrency industry, with some speculators labeling it a scam. YouTuber Coffeezilla, known for exposing shady dealings, has raised concerns that insiders control 80% of the TRUMP coin supply, leaving only a small fraction available to the public. This concentration of supply could lead to market manipulation, leading Coffeezilla to describe the project as more of a 'grift' than a legitimate crypto venture. The disproportionate allocation of tokens to a select group of insiders, likely developers or influencers, is seen as a major red flag.

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