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RW Fren Squads (catmanmancat@poa.st)'s status on Monday, 20-Jan-2025 07:35:36 JSTRW Fren Squads @IAMAL_PHARIUS Genuine answer. There is ZERO utility as it says it on his own website. It's just a "show of support for Trump."
Also it's not a security in any way shape or form. That would be insta jail if he helped launch a security without a ton of paperwork & SEC bullshit.
From his own website "Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol "$TRUMP" and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type. GetTrumpMemes.com is not political and has nothing to do with any political campaign or any political office or governmental agency." See Terms & Conditions.
It literally does nothing. There is no added or inherent value. It's just a fucking meme. They did that on purpose. If they promised any sort of "utility" it would be more scrutinized than it is now & require a ton of people working on it & maintaining a community. A company called CIC Digital & the CIC Fight Fight Fight LLC own the the token. They are definitely Trump adjacent companies. He will definitely benefit from this. But like a well-run drug org, the man at the top maintains several degrees of separation so he isn't caught up in the raid.
I am positive he had tons of the best crypto-informed lawyers working on this to make sure that if shit went completely sideways he isn't the one going to jail for it considering how persecuted this man already is he wouldn't give them the layup. I don't want to defend Trump but I have to call balls and strikes, they have gone after him unlike they have anyone else. That doesn't excuse him from being a joojoo cumloving nigger faggot.
Something like ripple or chainlink have an actual utility that's put into use every day. That being said, they're still shitcoins lol.