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After the Republican presidential candidate Trump announced yesterday (17th) that he would issue tokens through his family-run DeFi project "World Liberty Financial", in less than 24 hours, he was criticized by many cryptocurrency users on social media. criticize. Nic Carter, a partner at Castle Island Ventures, criticized the project as a "big mistake" and said Trump's campaign "took advantage of his recent support for cryptocurrencies in a naive way."
Mitchell Askew, principal analyst at Blockware Solutions, said on the X platform:
Trump’s launch of this shit coin may be the last straw that makes me give up voting for him.
It's one thing to support cryptocurrencies, not everyone is a Bitcoin maximalist after all, but it's another to launch a 70% pre-mined coin to his followers 7 weeks before the election, which will only add to The Trump campaign team keeps making Unforced Errors (meaning mistakes made by players themselves without pressure from their opponents).
Tonya Evans, a professor at Penn State Dickinson Law School and author of “Digital Currency Decrypted,” told Cointelegraph:
For those voters who are not single-issue voters, reality must be reexamined. Trump has not articulated the details of his plan clearly or appropriately. What we are looking for is a plan, not a "concept of a plan."
To put it simply, Trump has not given a complete explanation of the World Liberty Financial project after a long time of preparation. There were also many controversies about the previous pre-sale and the team. On the contrary, it is reducing the confidence of voters. However, he added to the crypto voters:
"I don't think it's going to cost Trump any support. I've seen some banter, I've seen this part of the industry a little quieter than it used to be, but I'm not seeing any virtue-signing or other signs that they're going to make different choices. .
Election influence
In the first debate between US Vice President Harris Harris and Trump on September 10, neither party mentioned the topic of cryptocurrency. According to the Polymarket prediction market, Trump's chances of winning fell by 3% to 49% after the debate, and the two presidential candidates are currently tied on the platform.
However, after Trump announced the launch of World Liberty Financial yesterday (17th), his chance of winning dropped by 0.8%. Election polls showed that he was temporarily behind Harris by about 2%, now at 48%.
Netizen Youshouldrelax said :
Funny thing is I think today Trump launched a "shit coin" which finally made me remember why I can't vote for him. He's just a walking scum who has bad instincts and has poisoned the Republican Party with populism. I'm not sure whose name I will write because I will never vote for a Democrat.
