Ethereum (ETH) founder Vitalik Buterin is concerned about the rise of "political coins," memecoins such as MELANIA and TRUMP.

While Donald Trump’s newly launched meme coin has garnered extensive interests, especially from retail traders, it has yet to contribute to the president’s net worth.

Rus Yusupov, who co-founded Vine in 2012, announced the launch of Vine Coin years after the short-form video app was ...