Opinion: Trump's election as President of the United States may be detrimental to Meme coins

ChainCatcher news, according to Cointelegraph, Omid Malekan, a part-time professor at Columbia Business School, recently posted on X that Trump's election as President of the United States could be detrimental to Meme coins, as their prosperous development is "a rebellion against unfairness."

Malekan stated: "Meme coins themselves are a form of economic populism; they are a reaction against the unfair (and often fraudulent) token economics supported by VCs and insiders."

Malekan added: "The regulatory sanity in the U.S. is unfavorable for Meme coins, as it refocuses the attention on DApps and other truly important matters, leading to a prolonged bear market, causing most people to incur losses."