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Mark Cuban Critiques TRUMP Meme Coin: A 'Disaster' for the Future of Crypto?
The launch of President Donald Trump's meme coin $TRUMP has sparked much controversy within the crypto community, with many opinions suggesting it diminishes the credibility of the industry. #MarkCuban , a famous investor and Dogecoin fan, also did not hold back in strongly criticizing this project.
Mark Cuban: TRUMP Meme Coin Harms the Image of Crypto
In a post on X (Twitter), Cuban stated that the launch of this meme coin makes it difficult for the crypto industry to 'legalize' itself in front of lawmakers and investors.
Mark Cuban: TRUMP Meme Coin Harms the Image of Crypto
In a post on X (Twitter), Cuban stated that the launch of this meme coin makes it difficult for the crypto industry to 'legalize' itself in front of lawmakers and investors.
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Do you know when it comes out and what is the name of the Cuban Token? Better than $TRUMP says! 👌🏼#MarkCuban
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Mark Cuban has an Idea to Launch a Meme Coin Similar to the TRUMP Token: A Solution to Reduce National Debt
Cuban outlined his plan on X, stating that the meme coin would operate similarly to the $TRUMP token, with only 20% of it being tradable and an identical release schedule to the $TRUMP coin. The revenue from selling this coin would be used to pay off the national debt of the United States.
X: Mark Cuban
Cuban emphasized that if the community is willing to speculate on meme coins, then at least this speculation should have a value that contributes to society. He describes this as an opportunity to turn hype into practical action.
X: Mark Cuban
Cuban emphasized that if the community is willing to speculate on meme coins, then at least this speculation should have a value that contributes to society. He describes this as an opportunity to turn hype into practical action.
📣Happening now
🗣️Billionaire #MarkCuban announced that he will create his own #meme ,and that the proceeds from its #sales will go to the US Treasury 🇺🇸
#GiantEntry #meme板块关注热点
🗣️Billionaire #MarkCuban announced that he will create his own #meme ,and that the proceeds from its #sales will go to the US Treasury 🇺🇸
#GiantEntry #meme板块关注热点
Doreen Raucci zEdX:
Memes are a new trend
🔥 BREAKING: Billionaire Mark Cuban considers launching his own meme coin, with a twist! All revenue will go to the US Treasury to reduce national debt!
What do you think?
#MarkCuban #memecoin #UStreasury #TrumpMarketWatch
What do you think?
#MarkCuban #memecoin #UStreasury #TrumpMarketWatch
一剑斩开天地:
May replace this coin
🚨 After losing $870,000, Mark Cuban has been hacked again!!! 🚨
📧 Gmail Hack Incident:
Billionaire investor Mark Cuban revealed that his Gmail account was hacked on June 22 after a deceptive phone call, warning that any emails from his account after 3:30 PM Pacific Time are not from him.
📞 Deceptive Call Details:
Cuban shared that the caller, impersonating a Google employee, deceived him into revealing account information by claiming there was an intruder and impersonating Google recovery methods.
🔒 Community Reactions:
The cryptocurrency community sent supportive messages, while some speculated on the volume of missed email messages. Nick Percoco, a senior official at Kraken, joked about the potential flood of unread messages Cuban might face once access is restored.
💬 User Concerns:
Amidst the chaos, some users doubted the security of Cuban's account, suggesting it could also be compromised.
💸 Previous Crypto Wallet Hack:
This incident follows a previous security breach where Mark Cuban's cryptocurrency wallet was drained of $870,000. In September 2023, blockchain investigator Wazz noticed suspicious activity in Cuban's wallet, which had not been used for months.
⚖️ Advocating for Cryptocurrency Regulation:
Despite these setbacks, Cuban continues to advocate for more suitable regulations for cryptocurrencies in the United States, pushing for the Commodity Futures Trading Commission (CFTC) to regulate cryptocurrencies instead of the Securities and Exchange Commission (SEC).
Don't fall victim to fraud, impersonation, and phishing attacks.
Always be skeptical of suspicious activities and stay vigilant!
Follow mende for more content!
#markcuban # scamalert #hack #cryptoscam #warning
$BTC
$ETH
📧 Gmail Hack Incident:
Billionaire investor Mark Cuban revealed that his Gmail account was hacked on June 22 after a deceptive phone call, warning that any emails from his account after 3:30 PM Pacific Time are not from him.
📞 Deceptive Call Details:
Cuban shared that the caller, impersonating a Google employee, deceived him into revealing account information by claiming there was an intruder and impersonating Google recovery methods.
🔒 Community Reactions:
The cryptocurrency community sent supportive messages, while some speculated on the volume of missed email messages. Nick Percoco, a senior official at Kraken, joked about the potential flood of unread messages Cuban might face once access is restored.
💬 User Concerns:
Amidst the chaos, some users doubted the security of Cuban's account, suggesting it could also be compromised.
💸 Previous Crypto Wallet Hack:
This incident follows a previous security breach where Mark Cuban's cryptocurrency wallet was drained of $870,000. In September 2023, blockchain investigator Wazz noticed suspicious activity in Cuban's wallet, which had not been used for months.
⚖️ Advocating for Cryptocurrency Regulation:
Despite these setbacks, Cuban continues to advocate for more suitable regulations for cryptocurrencies in the United States, pushing for the Commodity Futures Trading Commission (CFTC) to regulate cryptocurrencies instead of the Securities and Exchange Commission (SEC).
Don't fall victim to fraud, impersonation, and phishing attacks.
Always be skeptical of suspicious activities and stay vigilant!
Follow mende for more content!
#markcuban # scamalert #hack #cryptoscam #warning
$BTC
$ETH
📣 𝘾𝘿𝘾 𝙅𝙐𝙎𝙏 𝙄𝙉 : Billionaire Mark Cuban says if Kamala Harris taxes unrealized gains it will "kill the stock market."
#News #stockmarket #markcuban
#News #stockmarket #markcuban
🚨 AFTER LOSING $870,000, MARK CUBAN GOT HACKED AGAIN!!! 🚨
📧 Gmail Hack Incident:
Billionaire investor Mark Cuban revealed that his Gmail account was compromised on June 22 after a hoax call, warning that any emails from his account after 3:30 PM PST are not from him.
📞 Hoax Call Details:
Cuban shared on X that a caller, impersonating a Google employee, tricked him into revealing account information by claiming there was an intruder and spoofing Google’s recovery methods.
🔒 Community Reactions:
The crypto community sent supportive messages, while some speculated about the volume of missed emails. Kraken's CSO, Nick Percoco, joked about the potential flood of unread messages Cuban would face once he regained access.
💬 User Concerns:
Amidst the chaos, some users questioned the security of Cuban’s X account, suggesting that it might also be compromised.
💸 Previous Crypto Wallet Hack:
This incident follows a previous security breach where Cuban’s crypto wallet was drained of $870,000. In September 2023, blockchain sleuth Wazz noticed suspicious activity in Cuban’s wallet, which he hadn't used in months.
⚖️ Advocacy for Crypto Regulation:
Despite these setbacks, Cuban continues to advocate for more favorable crypto regulations in the U.S., pushing for the CFTC to regulate crypto instead of the SEC.
Don't fall for scams, spoofing- and phishing attacks.
Always question suspicious activities and stay alert!
Follow @mende for more content!
#markcuban #scamalert #hack #cryptoscam #warning
$BTC $ETH eth $SOL
📧 Gmail Hack Incident:
Billionaire investor Mark Cuban revealed that his Gmail account was compromised on June 22 after a hoax call, warning that any emails from his account after 3:30 PM PST are not from him.
📞 Hoax Call Details:
Cuban shared on X that a caller, impersonating a Google employee, tricked him into revealing account information by claiming there was an intruder and spoofing Google’s recovery methods.
🔒 Community Reactions:
The crypto community sent supportive messages, while some speculated about the volume of missed emails. Kraken's CSO, Nick Percoco, joked about the potential flood of unread messages Cuban would face once he regained access.
💬 User Concerns:
Amidst the chaos, some users questioned the security of Cuban’s X account, suggesting that it might also be compromised.
💸 Previous Crypto Wallet Hack:
This incident follows a previous security breach where Cuban’s crypto wallet was drained of $870,000. In September 2023, blockchain sleuth Wazz noticed suspicious activity in Cuban’s wallet, which he hadn't used in months.
⚖️ Advocacy for Crypto Regulation:
Despite these setbacks, Cuban continues to advocate for more favorable crypto regulations in the U.S., pushing for the CFTC to regulate crypto instead of the SEC.
Don't fall for scams, spoofing- and phishing attacks.
Always question suspicious activities and stay alert!
Follow @mende for more content!
#markcuban #scamalert #hack #cryptoscam #warning
$BTC $ETH eth $SOL
Billionaire Mark Cuban says he'd rather own Bitcoin than gold if something bad happens to the economy.
"I think it has more value."
#Billionaires #MarkCuban #Write2Earn #CryptoNewss #USJobOpeningsSurge
"I think it has more value."
#Billionaires #MarkCuban #Write2Earn #CryptoNewss #USJobOpeningsSurge
🚨 Every Meme Coin is a Rug Pull in the Works — Mark Cuban
Billionaire investor Mark Cuban has slammed meme coins, calling them “drawn-out rug pulls” with no real-world utility. On the Rug Radio podcast, Cuban equated meme trading to roulette, emphasizing that these tokens thrive on hype, not fundamentals: "It's like musical chairs," Cuban said, noting that meme coins rely solely on attracting more buyers to increase value, eventually collapsing when there are no more "greater fools" to sell to.
Cuban argued that meme coins are supported by the Greater Fool Theory—the idea that people buy overvalued assets expecting to sell them for a profit to someone else who thinks they can do the same. For him, meme coins are about gambling, not investing. "Nobody is so stupid as to think this is a great investment," he added, admitting he's occasionally tempted to trade meme coins but always refrains. Despite Cuban’s critique, 2024 has seen explosive growth in meme coin markets.
Over 381,000 new meme coins were created on the Solana network in just the past month. Many of these tokens lose over 99% of their value within days, showcasing the pump-and-dump culture Cuban warns about. Even so, some meme coins, like Pepe (PEPE) and Dogwifhat (WIF), have managed to gain traction. Pepe surged 30% in late September, though these gains quickly evaporated in October, reflecting the volatile and speculative nature of the market.
Takeaway: While meme coins can offer short-term thrills, Cuban’s warning highlights the risks: they're often a gamble, not a solid investment. If you're trading, just know the game might end sooner than you think.
Follow @Professor Mende - Bonuz Ecosystem Founder for more content!
#markcuban #memecoins #memecoin #pepe #shib $PEPE $SHIB $FLOKI
Billionaire investor Mark Cuban has slammed meme coins, calling them “drawn-out rug pulls” with no real-world utility. On the Rug Radio podcast, Cuban equated meme trading to roulette, emphasizing that these tokens thrive on hype, not fundamentals: "It's like musical chairs," Cuban said, noting that meme coins rely solely on attracting more buyers to increase value, eventually collapsing when there are no more "greater fools" to sell to.
Cuban argued that meme coins are supported by the Greater Fool Theory—the idea that people buy overvalued assets expecting to sell them for a profit to someone else who thinks they can do the same. For him, meme coins are about gambling, not investing. "Nobody is so stupid as to think this is a great investment," he added, admitting he's occasionally tempted to trade meme coins but always refrains. Despite Cuban’s critique, 2024 has seen explosive growth in meme coin markets.
Over 381,000 new meme coins were created on the Solana network in just the past month. Many of these tokens lose over 99% of their value within days, showcasing the pump-and-dump culture Cuban warns about. Even so, some meme coins, like Pepe (PEPE) and Dogwifhat (WIF), have managed to gain traction. Pepe surged 30% in late September, though these gains quickly evaporated in October, reflecting the volatile and speculative nature of the market.
Takeaway: While meme coins can offer short-term thrills, Cuban’s warning highlights the risks: they're often a gamble, not a solid investment. If you're trading, just know the game might end sooner than you think.
Follow @Professor Mende - Bonuz Ecosystem Founder for more content!
#markcuban #memecoins #memecoin #pepe #shib $PEPE $SHIB $FLOKI
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Mark Cuban: If the economy hits a snag, I would rather hold Bitcoin than gold
The reason Cuban gives is that Bitcoin has higher liquidity, is easily transferable, and can be traded instantly without relying on infrastructure or physical markets like gold. Additionally, he also emphasizes that Bitcoin has the ability to hedge against inflation, one of the characteristics that makes gold a safe-haven asset in the eyes of many.
However, this viewpoint is also controversial because Bitcoin is much more volatile than gold. Cuban, despite having a deep understanding of blockchain technology and cryptocurrency, still acknowledges that Bitcoin carries high risks, but he still believes that it can offer greater opportunities in the long run.
However, this viewpoint is also controversial because Bitcoin is much more volatile than gold. Cuban, despite having a deep understanding of blockchain technology and cryptocurrency, still acknowledges that Bitcoin carries high risks, but he still believes that it can offer greater opportunities in the long run.