According to Michaël van de Poppe, the trend of presidents launching their own memecoins is problematic as it often leads to significant financial losses for investors who trust these public figures. The potential for these leaders to engage in pump and dump schemes with memecoins is alarming and could undermine market integrity. This highlights the need for regulatory oversight to prevent misuse of cryptocurrencies by influential individuals (source: Michaël van de Poppe, Twitter, February 15, 2025).