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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.
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 ...
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.
It’s worked for Dogecoin, and also the $12 billion Shiba Inu coin (inspired by the same dog breed as Dogecoin), the $7 billion Pepe coin (whose mascot is a cartoon frog) and now the Trump coins ...
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 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 ...
Trump coin had a fully diluted valuation of about $31.37 billion and a market cap of more than $6.27 billion, as of noon Saturday. "'Trump Coin' has taken the cryptocurrency world by storm, ...
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 ...