Cryptocurrency fans may have gotten more than they bargained for when the president and his wife launched a pair of tokens last week.

Awaiting Trump’s return to office, the cryptocurrency industry was thrilled by the president’s promises to provide clear-cut regulatory guidelines that would help the sector grow while easing the volatility it’s become notorious for.

Industry players are concerned that the success of the president’s meme coin will undermine the credibility they have worked hard to cultivate.

But the launch of the so-called meme-coin - a cryptocurrency with no utility other than for fun or speculation - has been widely criticised by industry insiders. "Trump's comments about not knowing much about the coin back up my opinion that he is making a mockery of the industry. It's a stunt," says Danny Scott, CEO of CoinCorner.

The meme coin market has become one of the most exciting corners of cryptocurrency, offering not only humor and creativity but also substantial investment opportunities. What began as a lighthearted trend has evolved into a serious sector,