The Financial Times reports that over 700 imitation and junk coins have been sent to Donald Trump's digital wallet, with creators falsely implying his endorsement. This follows Trump's and Melania's launch of their own meme coins, which lack practical use and rely solely on speculative value. In the past three weeks, 736 meme coins were deposited into Trump’s wallet, nearly 200 of which falsely used his or his family's name. The move has drawn strong criticism due to the high volatility of these coins, raising concerns for retail investors.