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Donald Trump's full-throated embrace of crypto on the campaign trail culminated in the launch of his very own meme token shortly before his inauguration, but the president might have trouble ...
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]
Owners of the Trump coins get nothing besides a highly speculative asset—no utility or economic value. But the Trump family has derived quite a lot of value from the new cryptocurrencies, on ...
Trump's crypto token launched on Friday, trading under $10, but quickly rose, peaking at $72.62 on Sunday. It traded lower on Monday, falling from $52.15 to trade in the $30 range late in the day.
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 ...
PARIS/SINGAPORE (Reuters) -U.S. President Donald Trump's new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm over his crypto-friendly administration helped ...
Trump's conflict of interest coin is making the crypto industry look bad, but the memes and the money are the ultimate use case. Donald Trump's new crypto token is the industry in its purest form ...
In this case, Donald Trump’s second term and the subsequent hype that followed in the crypto community. Meme coins are usually created with a sense of humor or wit, often associated more with ...