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Trump’s meme coins brought a surge of attention to crypto and many newcomers into the space. To some, the coins signaled Trump’s commitment to crypto and to spurring its growth.
Trump's conflict of interest coin is making the crypto industry look bad, but the memes and the money are the ultimate use case. ... But it's still a few steps behind self-reflection.
Even as Bitcoin trades at unprecedented levels above $100,000, memecoins have stolen the spotlight after President Donald Trump and first lady Melania Trump launched their own just 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]
That hasn’t stopped people from trying to make money. The Trump meme coins started selling for $10 each before soaring to as high as about $70 as of Sunday morning. It fell sharply later Sunday after Trump and his wife, Melania Trump, posted about a meme coin for her. The Melania coin was trading for around $5 Sunday afternoon.
"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 ...
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 ...
U.S. President Donald Trump's launch of a crypto token shortly before his inauguration on Monday creates new conflict-of-interest concerns, ethics experts and industry insiders said. Trump has ...