Cryptocurrency skeptic Peter Schiff said in a recent podcast that memecoins TRUMP and MELANIA were not assets but merely a means of bribery to gain the attention of former US President Donald Trump. According to BeInCrypto, he added, "Most TRUMP and MELANIA investors suffered losses. Trump even held an event at the White House for large holders of these memecoins. This means these memecoins are an indirect bribe. Only the Trump family made money through these memecoins, and most investors lost money." Meanwhile, it was previously reported that Trump earned over $1 billion from the sale of tokens, including the memecoin TRUMP and World Liberty Financial (WLFI), in his asset disclosure last year.
