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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 stay was seen by some as an early sign of the SEC's pivot to a more crypto-friendly stance, reflecting President Donald Trump's pledge to make the U.S. a global hub for the industry.
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 ...
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.
Trump's election win boosts bitcoin's value to over $80,000 for the first time. The president-elect's campaign was partially fueled by his crypto-friendly pledges.
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.
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 first lady, Melania Trump, launched a similar Melania meme coin (MELANIA-OFFICIAL-USD), which launched the day before the president took office. This coin rose to a high of almost $5 before ...