Omid Malekan, an adjunct professor at Columbia Business School, said in an Oct. 26 X post: "Memecoins are a form of economic populism in their own right, and a Trump presidency would be" bad for Memecoins "because they are a" form of economic populism and a statement against injustice. " Malekan added: "Regulatory sanity in the United States is bad for Memecoins because it refocuses the focus of cryptocurrencies on DApps and other really important cryptocurrencies."