✅ Expert explains why Trump’s victory would be a bearish factor for meme coins
Omid Malekan, a finance professor at Columbia University, stated that Trump’s victory in the U.S. elections could reduce the appeal of meme coins like Dogecoin and Shiba Inu, leading to a bearish trend.
👉 “Meme coins thrive on economic populism and anti-establishment sentiments, but Trump’s return to power could shift the political focus, redirecting investor energy toward political activity,” he explained.
Malekan noted that increased regulation in the U.S. could shift attention toward more useful crypto projects, exacerbating the downturn in the meme coin market.
