YouTuber Stephen Findeisen, widely known as “Coffeezilla,” posted a video on Saturday reacting to President-elect Donald Trump’s recent introduction of the $TRUMP meme coin.
Trump unveiled the Solana-based cryptocurrency on Friday through his official X (formerly Twitter) account, confirming that it was a legitimate launch and not the result of a hack.
Findeisen, recognized for his investigations into cryptocurrency projects, including the controversial $HAWK by Hailey “Hawk Tuah girl” Welch, expressed disbelief over the announcement. He called it “historic in its stupidity” and questioned the timing, suggesting that launching a meme coin just days before his inauguration raised serious ethical concerns. “Did this guy want to be president, or was this the meme coin hype plan?” Findeisen questioned.
In a follow-up video on his secondary channel, Voidzilla, Coffeezilla revealed critical information about the $TRUMP coin, including the fact that 80% of the coin’s supply is controlled by Trump’s team. He warned that while some crypto investors might benefit, most regular investors—especially those unfamiliar with Solana or cryptocurrency—are at risk of losing money. “Roasted dude. Game over. Obliterated,” Findeisen warned, advising caution for newcomers.
Findeisen also raised concerns about the legality of the coin and whether it should even be allowed. He pointed out the potential conflict of interest, noting that insiders control the coin’s sale, leaving ordinary investors vulnerable.
Despite the backlash, the $TRUMP coin has gained significant popularity, with a market cap of $14.5 billion and over $1 billion in trading volume. According to Binance, one investor turned $231 into $2.39 million, marking an extraordinary return of over 550,000%.
