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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.
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 cents, the site said.
One giant ethical concern centers on Trump’s majority ownership of the tokens: 80% of the coin’s supply is held by Trump Organization affiliates CIC Digital and Fight Fight Fight LLC — a ...
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 ...
President-elect Trump has launched his own crypto token called Trump coin. In less than 24 hours, the coin has had a 12,000% gain and has seen billions in trading volume.
The name of the planned Department of Government Efficiency, or DOGE, which Trump appointed Elon Musk to co-lead, is a reference to Dogecoin, a meme coin that Musk has backed in the past. Trump's ...
The terms of the offering prohibit coin buyers from joining any class-action lawsuits against the project and assert indemnity against any claims. [8] Trump promoted the coin on the night of its ICO while a "Crypto Ball" was underway. [9] After its launch, its price soared by over 300% overnight. [10]
The debut of the Melania coin on Sunday led to a "sharp dip in the price of" the Trump coin "prompting concerns from crypto industry executives who worry that meme coins could harm the market ...