PANews reported on February 9 that according to FT, within three weeks of Trump launching the Meme coin, more than 700 altcoins and junk coins have been sent to Trump's digital wallet. There are 736 different memecoins in Trump's official wallet. Among them, nearly 200 memecoins, including "OFFICIAL TRUMP" and "OFFICIAL MELANIA", are named after Trump or his family, but have nothing to do with the president.

Of the 192 tokens named after Trump or his family, 167 are altcoins, while 67 use the word "official" in their names. Thirty-five tokens have the word "Elon" or "Musk" in their names, an apparent reference to the Tesla CEO and Trump ally. Unauthorized tokens also target Trump's children: 30 mention Barron, 26 mention Ivanka, and 10 mention Eric. Eswar Prasad, a senior fellow at the Brookings Institution, said Trump's involvement in meme coins "opens the floodgates for deception and rampant speculation" and that ordinary investors buying meme coins "will only put them at great risk."