Novogratz Applauds Trump's Crypto Moves, Warns TRUMP Meme Coin May Damage Industry Trust

The excitement around US President Donald Trump's renewed presence in crypto — along with the rise of the Official Trump (TRUMP) meme coin — has ignited a major shift in the narrative.

The excitement around US President Donald Trump’s renewed presence in crypto – along with the rise of the Official Trump (TRUMP) meme coin – has ignited a major shift in the narrative.

The excitement around US President Donald Trump’s renewed presence in crypto – along with the rise of the Official Trump (TRUMP) meme coin – has ignited a major shift in the narrative.

While Donald Trump has received praise from key players, including a CEO, for pushing digital asset regulations, controversy is growing around his personal meme coin venture, the Official Trump (TRUMP), leaving questions about the true winners in this politically charged environment.

Novogratz Applauds Trump’s Crypto Moves, Warns TRUMP Meme Coin May Damage Industry Trust

In a candid assessment, Galaxy Digital CEO Mike Novogratz had high praise for US President Donald Trump’s role in advancing the crypto industry.

In a candid assessment, Galaxy Digital CEO Mike Novogratz had high praise for US President Donald Trump’s role in advancing the crypto industry.

During an interview, Novogratz expressed optimism about the Biden administration’s efforts to regulate digital assets, tying it to President Trump’s administration setting the stage for this development.

“It’s amazing what Trump did for crypto in setting up the administration to be able to do this. I think they’re trying to do it in a balanced way, not necessarily to favor one side or the other. I think it’s going to be good for crypto,” Novogratz said.

The CEO highlighted the administration’s support for a proposed national digital asset reserve as a key factor that could benefit the industry in the long run.

“I think they’re going to try to put together a vision for the US in Web3, which I think is great. I think we need it. I think we’ve gotten the financial part of the world-class, but we’ve never gotten the cultural part,” Novogratz stated.

However, CEO Novogratz drew a stark contrast when discussing the Official Trump (TRUMP) meme coin. Launching a critique of the coin’s perceived shortcomings, he said:

“It’s foolish to get distracted by a meme coin that’s supposed to be linked to Donald Trump. People are investing in the coin because they think it will make them rich quickly.”

The CEO pointed out that the crypto’s speculative surge, once peaking at $27 billion, was largely driven by artificial inflation through promotions like a private dinner with Donald Trump for the top 220 TRUMP coin holders, which later resulted in mass dumping, affecting thousands of investors.

“They’re having a dinner with Trump, and then they’re dumping the coin. It’s like a pyramid scheme, and it’s not sustainable in the long term,” Novogratz added.

The backlash has been swift, with the Official Trump (TRUMP) coin now seen struggling to stay afloat, contrasting sharply with the initial hype. The meme coin is currently valued at $13 billion, a significant drop from its peak.

Meanwhile, a $300 million investment in the TRUMP coin from a Chinese shell firm has raised national security concerns, putting the meme coin in the spotlight once again.

Novogratz concluded by saying that the Official Trump (TRUMP) coin does not offer any long-term value, and in his view, it’s best to leave it alone. He believes that meme coins like TRUMP ultimately reduce crypto to a mere spectacle, diverting attention from the real technological innovations in the industry.

FloppyPepe (FPPE) Surges Ahead With AI Utility As Crypto Investors Seek Substance Over Spectacle

While a lack of ecosystem and a focus on political figures may be hindering the Official Trump (TRUMP) coin, another meme coin rapidly captures investor attention by delivering on-chain utility from day one.

FloppyPepe (FPPE) introduces its AI Agent, a fully adaptive intelligence layer that's constantly learning and reacting to market behavior, social sentiment, and user activity. This integrated AI advantage transforms the meme coin into an active participant in user decisions. Join investors using FLOPPYAI now.

FloppyPepe’s (FPPE) Telegram-based beta platform is already live, with users flooding in to test the FloppyX video bot, and Meme-o-Matic, an instant meme creator set to dominate social media virality.

The meme coin’s $0.0000002 price won’t last; after a 24-hour sellout during its private sale, momentum has made it 2025’s most sought-after digital asset. Buying now means entering a meme coin phase powered by real AI, not Donald Trump’s political gimmicks.

Why FloppyPepe (FPPE) Leaves The Official Trump (TRUMP) Meme Coin Behind

The Official Trump (TRUMP) meme coin promises to be associated with Donald Trump. FloppyPepe (FPPE) offers more: real-time AI action, gamified staking through FloppyX, and a deflationary economy with clear value strategies.

The Official Trump (TRUMP) meme coin promises to be associated with Donald Trump. FloppyPepe (FPPE) offers more: real-time AI action, gamified staking through FloppyX, and a deflationary economy with clear value strategies.

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