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Trump’s meme coins brought a surge of attention to crypto and many newcomers into the space. To some, the coins signaled Trump’s commitment to crypto and to spurring its growth. But many more ...
Owners of the Trump coins get nothing besides a highly speculative asset—no utility or economic value. But the Trump family has derived quite a lot of value from the new cryptocurrencies, on ...
The Trump meme coin was launched on January 17, 2025, three days before Trump was inaugurated as president of the United States. The lack of a public announcement initially led to concerns that the cryptocurrency was a scam and might have no association to the president-elect. [3]
Trump’s meme coin shot up after its launch Friday, from about $6.50 to $75 on Sunday, according to data from Coingecko. Then it tumbled, losing more than half its value on Monday as Trump ...
"In this case, a meme coin capitalizing on Trump's brand and politics has potential longevity but would depend on the potential token design to make it less extractive due to 80% insider supply by ...
Trump's conflict of interest coin is making the crypto industry look bad, but the memes and the money are the ultimate use case. Donald Trump's new crypto token is the industry in its purest form ...
Trump's coin represented a blending of the world of digital assets into the political arena, but it also "blurs the lines between governance, profit and influence," D'Anethan said.
Some said Trump's coin was a game-changer. "The fact that a president is doing this brings some sort of legitimacy to the space, and I think just means that the industry is moving ahead in a way ...