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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 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 ...
Even as Bitcoin trades at unprecedented levels above $100,000, memecoins have stolen the spotlight after President Donald Trump and first lady Melania Trump launched their own just before ...
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]
The sale of Trump meme coin was organized by CIC Digital, an affiliate of the Trump Organization. The coin’s website said 200 million Trump meme coins are currently available, with plans to issue 1 billion over the next three years. CIC Digital and another company collectively own 80% of the Trump meme coins and will receive “trading ...
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, 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 ...
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.