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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 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 ]
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.
The crypto industry spent big on Trump’s reelection campaign, helping push him back into the White House after he pledged to turn America into a crypto powerhouse.
The sale of Trump meme coin was organized by CIC Digital, an affiliate of the Trump Organization. The coin’s website said 200 million Trump meme coins are currently available, with plans to issue 1 billion over the next three years. CIC Digital and another company collectively own 80% of the Trump meme coins and will receive “trading ...
The biggest crypto token rose more than 5% above $109,000 before slipping back above $105,500. Bitcoin has soared about 50% since Trump's election victory in November. ... "Launch of Melania coin ...
The Trump coin was announced on Friday, the final business day before the resignation of Gary Gensler, the outgoing chairman of the Securities and Exchange Commission and an enemy of the crypto ...
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.