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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 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.
Trump coin had a fully diluted valuation of about $31.37 billion and a market cap of more than $6.27 billion, as of noon Saturday. "'Trump Coin' has taken the cryptocurrency world by storm, ...
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 ...
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.
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 ...
The coin, which goes by the trading ticker TRUMP, is known as a "meme coin," a highly speculative kind of cryptocurrency that has no inherent utility and is often created based on a joke or parody ...