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Billionaire Mark Cuban criticized Trump’s new play, recently launched, calling it as a symbol of “crypto chaos” while praising for pieces of memes established as Salogner And DOGE.
The Cuban remarks, made on Monday, came in response to the growing frenzy surrounding the cryptocurrency on the theme of Trump, which has seen a dazzling increase since its beginnings.
“Mint, print it, sell it, f** he. This is the mantra for the world you suggest. It is the largest group of selfish bullshit that I have never heard. »» Cuban wrote.
His comments were directed against a tweet by Jeff Dorman, director of investments at Arca, who argued that the Trump room signals a central change in the cryptographic landscape. According to Dorman, “The president himself is both issuer and investor”, “ This could encourage a broader adoption of cryptography as a capital training tool. He was considering a future where tokens become omnipresent, predicting that large institutions such as universities, municipalities and brands could adopt similar mechanisms.
Cuban accused Trump’s play of promoting speculation on legitimate property and warned that it jeopardizes the efforts of the cryptographic industry to gain credibility. Cuban also called regulatory organizations, claiming that the emergence of the piece undermines the capacity of the dry to enforce the laws on securities.
In a separate tweet, Cuban recognized the success of the pieces even with real value and strong communities, by declaring, βThis is why Doge, Shiba Inu and only a few others worked. This is the long -term community … No promises. No pumps. Just finish transparency.
The Cuban comments responded to a user who observed that the parts of sustainable memes require time and organic growth for a strong community to emerge. The user has stressed that hype -oriented launches often cause short -term speculation, leaving tokens in the hands of traders rather than community manufacturers.
The Cuban remarks have aroused a response from Shytoshi Kusama, the main developer of Shiba Inu, who joined the Shibs community with the tweet, “Shibarmy, let him hear you!”
Kusama’s reaction occurred in the middle of an upheaval of the weekend in the classification of parts even, as Trump briefly exceeded Shib During the weekend, to become the second largest piece of memes by market capitalization before returning to third place. Trump Coin reached a market capitalization of $ 8.95 billion, only second in Doge and Shib.
Meanwhile, important votes in cryptographic industry have expressed mixed opinions. Robert Kiyosaki, author of “Rich Dad Poor Dad”, rejected Trump as a “farce”, urging investors to stick to Bitcoin and traditional assets. Elsewhere, Nick Tomaino, a former Coinbase executive, criticized the launch of the play as a “predatory”, citing concerns about its tokenomic, 80% of the offer that would have been controlled by entities affiliated to Trump.
However, Balaji Srinivasan, another former Coinbase frame, offered a pragmatic vision, suggesting means to add value to Trump. He proposed informal token events, community construction efforts and taking advantage of the list of chain holders of the play for targeted political awareness.