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A meme coin (also spelled memecoin) is a cryptocurrency that originated from an internet meme or has some other humorous characteristic. [1]The term is sometimes used interchangeably with the term shitcoin, which typically refers to a cryptocurrency with little to no value, authenticity, or utility. [2]
Meme coins are inherently farcical, but that doesn’t mean they shouldn’t be taken seriously. Dogecoin is currently trading as the No. 10 biggest cryptocurrency in the world by market cap.
This new currency, a so-called meme coin, has no inherent value, but rather fluctuates in price as people buy and sell the coin. ... TRUMP was the 25th most valuable cryptocurrency in the world ...
On the night of Jan. 17, the meme coin landscape changed forever when then-President-elect Trump launched an official meme coin on Solana. The coin, Official Trump , has the ticker TRUMP and has ...
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]
Dogecoin's origin as a "joke", which makes it the first meme coin, has made it difficult to be taken seriously by mainstream media and financial experts. [70] [71] The cryptocurrency has had a long and problematic history of scams.
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 ...
Popular meme coins include Dogecoin, whose mascot is a dog, and Fartcoin. Scammers have tried to pump up the price of certain meme coins before dumping them on unsavvy investors. Some crypto enthusiasts hailed the Trump meme coin’s release and eager buyers drove up the price of the coin to above $70 each.