'A mockery': Trump's new meme-coin sparks anger in crypto world

The introduction of a new meme-coin by former President Trump has ignited a wave of criticism within the crypto community, with many viewing it as nothing more than a publicity stunt. The move, which comes at a time when the industry is eagerly waiting for clearer deregulation policies, has been branded as "a mockery" by numerous enthusiasts and experts alike. The meme-coin, which carries Trump's image and is seen by some as an effort to capitalize on the former President's popularity among a certain demographic, has been met with skepticism and outright anger by parts of the cryptocurrency world. Critics argue that such ventures distract from the broader, more serious ambitions of the crypto industry, which has been fighting for legitimacy and acceptance by mainstream financial institutions and regulators. The introduction of the coin has also reignited debates around the need for tighter regulations in the cryptocurrency market. While supporters of the meme-coin argue that it is an exercise in free speech and innovation, detractors worry that it could lead to further scrutiny and regulation of the crypto space, potentially stifiring innovation and imposing restrictive measures on a market that thrives on deregulation and freedom. The backlash comes at a critical time for the cryptocurrency industry, which is already navigating through a complex landscape of regulatory challenges and market uncertainties. The growing call for clear and fair regulations has been a constant theme among crypto enthusiasts and investors, who believe that the right framework could unlock the industry's full potential by ensuring stability, security, and mainstream acceptance. As the controversy surrounding Trump