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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.
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 ...
Donald Trump became a crypto billionaire overnight, but it might be hard for him to take gains on his newly minted meme coin without hurting the price. Trump is a crypto billionaire.
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]
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 ...
But it's still a few steps behind self-reflection. Trump's YOLO token is representative of his broader political appeal. Trump doesn't need to sugarcoat his ambition or pretend to aspire to higher ...
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 ...
In this case, Donald Trump’s second term and the subsequent hype that followed in the crypto community. Meme coins are usually created with a sense of humor or wit, often associated more with ...