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“We have reached the ‘Fartcoin’ stage of the market cycle,” David Einhorn wrote in an investor letter obtained by CNBC. “Other than trading and speculation, it serves no other obvious purpose and fulfills no need that is not served elsewhere.” Read more: www.cnbc.com/2025/01/21/d...

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$Trump meme coin is grift. How many people will secretly buy these for the purpose of lining Trump's pockets and garnering favor? It's corruption in plain site. At the same time it undercuts the crypto industry who spent a fortune to get Trump elected so crypto/Bitcoin would gain legitimacy.