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Trump's conflict of interest coin is making the crypto industry look bad, but the memes and the money are the ultimate use case. Donald Trump's new crypto token is the industry in its purest form ...
"In this case, a meme coin capitalizing on Trump's brand and politics has potential longevity but would depend on the potential token design to make it less extractive due to 80% insider supply by ...
Last Friday, Donald Trump announced the launch of his new cryptocurrency, Official Trump (CRYPTO: TRUMP).The meme coin has gotten off to an explosive start. As of 10:30 a.m. ET on Monday, the ...
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. ... price of Bitcoin to its new all time ...
Osprey Funds, the company that's applied to sponsor the ETF, also filed for permission to offer ETFs for Solana, Dogecoin, and Bonk, so it's safe to say that Trump's coin isn't alone in the meme ...
Launched Friday night, Trump's so-called "memecoin" surged from less than $10 on Saturday morning to as high as $74.59 before giving up some of its gains on Monday.
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here.. President Donald Trump’s meme coin may be a textbook cash grab — not ...