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You’ll also find Trump “coins” issued by private companies. For example, on Amazon you can buy a “ 10 pack first edition commemorative ” Trump coin made of zinc alloy that sells for $16.99.
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’s fans and opportunistic day traders have generated ...
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.
One billion coins were originally created; 800 million remain owned by two Trump-owned companies, after 200 million were publicly released in an initial coin offering (ICO) on January 17, 2025. Less than a day later, the aggregate market value of all coins was more than $27 billion, valuing Trump's holdings at more than $20 billion.
Bitcoin surged to a new high ahead of Donald Trump's inauguration on Monday, while his new meme coin is making crypto champions and fans cry foul, saying it's a mockery of serious tokens.
The coins were found in a cornfield in Kentucky sometime before 2023; the exact location was not revealed. The person who found the hoard requested anonymity and sources say that he is a man. Many of the coins were found in the ground with pieces of a cloth bag and one of the coins was damaged from farm equipment.
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 Melania meme coin, like the Trump coin, is issued on the Solana blockchain platform. About 450,000 buyers currently hold the Melania coin, according to the SolScan tracker , which tracks the ...