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Meme Coins and Market Dynamics
This chapter explores the sudden launch of meme coins associated with Trump and Melania, focusing on the subsequent market fluctuations and the implications for the cryptocurrency community. It highlights the initial hype followed by a decline in value, regulatory concerns, and shifts in institutional attitudes towards crypto. The discussion also addresses the intersection of cryptocurrency with gambling trends, ethical dilemmas in prediction markets, and the evolving legitimacy of digital currencies in the financial landscape.