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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 ...
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 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 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 ]
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. Meme coins are a strange and highly volatile corner of the crypto industry that often start as a joke with no real value but can surge in price if enough people are willing to buy them.
The back shows the White House. The coins themselves measure 1.6-inches and are a "1oz .999% silver medallion." That puts the value of the precious metal in the coin at just $30.
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.
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.