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The launch of the coins came just ahead of Trump’s inauguration on Monday and follows a broader rise in crypto prices throughout 2024 and early 2025.
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]
How much is the new Trump meme coin? On Saturday at 1 p.m. ET, the Trump coin was trading at about $31, according to crypto exchange GeckoTerminal. When trading started, the coin's value was 18 ...
PARIS/SINGAPORE (Reuters) -U.S. President Donald Trump's new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm over his crypto-friendly administration helped ...
It fell sharply later Sunday after Trump and his wife, Melania Trump, posted about a meme coin for her. The Melania coin was trading for around $5 Sunday afternoon. Meme coins are a strange and highly volatile corner of the crypto industry that often start as a joke with no real value but can surge in price if enough people are willing to buy them.
This new currency, a so-called meme coin, has no inherent value, but rather fluctuates in price as people buy and sell the coin. Trump’s fans and opportunistic day traders have generated ...
Melania Trump then released her own coin on Sunday. President-elect Donald Trump and incoming First Lady Melania Trump have launched cryptocurrency meme coins before the inauguration. On Friday ...
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.