Presidential Rug pull

Isn’t the blatant rug pull by a president and his family a troubling sign for the crypto sphere and overall economics? I don’t think we want crypto to be just a place where it’s easier to create your own tulip mania and hope it catches on for no specific reason. It’s important to remember that the only value a meme coin has is its ability to engage a “greater fool” to pay more than you paid thinking they’ll find a greater fool themselves. This isn’t just printing money, but funneling money to those on the inside that buy early and then dump from those with much less resources. Trump literally made more money on a token that is completely functionless in a few hours, than his whole family has ever made through all their ventures together.