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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 ...
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]
"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 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 ...
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 ...
Bitcoin surged to a new high ahead of Donald Trump's inauguration on Monday, while his new meme coin is making crypto champions and fans cry foul, saying it's a mockery of serious tokens.
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 ...
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 ...