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The rise of meme coins. A meme coin is a type of cryptocurrency that draws its inspiration from internet memes, characters or trends. In this case, Donald Trump’s second term and the subsequent ...
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 ...
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 ...
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 ]
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 ...
Trump's meme coin is illustrated with an artistic interpretation of Trump pumping his fist in the air, symbolizing his movements after the assassination attempt against him at a rally in July 2024.
Trump's coin represented a blending of the world of digital assets into the political arena, but it also "blurs the lines between governance, profit and influence," D'Anethan said. This story was ...
A poster advertising the coins shows a much-slimmer-looking Trump with his fist raised in an apparent reference to his assassination attempt. Trump launches surprise meme coin — sparking buying ...