CoinVoice recently learned that, 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 may 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 rebellion against the unfair (and often fraudulent) token economics supported by VCs and insiders."
Malekan added: "The regulatory sanity in the U.S. is detrimental to Meme coins because it refocuses the attention of cryptocurrency on DApps and other truly important matters, leading to a prolonged bear market, causing losses for most people." [Original link]