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A Donald Trump–themed, MAGA memecoin (TRUMP) has surged more than 700% over the last month, according to CoinGecko data, reaching a market cap of almost $500 million.
Crypto-heads loved what they heard from President-elect Donald Trump and incoming Bitcoin-owning vice president J.D. Vance, even if those pronouncements tended to be fairly vague and detail-free.
Donald Trump has taken a commanding lead over Joe Biden - in the world of political meme coins, at least. Crypto tokens linked to former President Trump have leapt in volume and value in recent ...
Meme coins have surged in popularity since Elon Musk endorsed the use of Dogecoin, one of the first meme coins. [6] He continued to post tweets about Dogecoin in 2022, including one in January where he stated he would eat a Happy Meal from McDonald's on live TV if they started accepting Dogecoin as payment. [7] The risk of losing money is ...
A meme stock is a stock that gains popularity among retail investors through social media. [1] [2] [3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
Trump holds over 60 other tokens, most of which are meme coins and are worth anywhere from $1 to $1,000 and make up a very small portion of the overall holdings.
Shares of restaurant chain Wingstop (NASDAQ: WING) absolutely plunged on Wednesday after the company reported financial results for the third quarter of 2024. As of 3 p.m. ET, Wingstop stock was ...
In 2013, the Doge meme went viral online. Based on the internal dialogue of a Shiba Inu named Kabosu, the name of the meme came from a slang pronunciation of the word "dog." Discover: 10 Reasons ...