Donald Trump Launches $TRUMP Meme Coin—Token Hits $9 Billion Market Cap
A new meme coin launched by President-elect Donald Trump on Friday has a market capitalization of about $9 billion—after hitting a peak of over $15 billion early Sunday—marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration.
Crypto fans hoped Trump would make them legit. Then came the meme coins.
The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.
Donald Trump's Meme Coin Raises Concerns
According to a disclaimer on the Trump Meme website, Trump Organization-affiliated entities hold 80 percent of the cryptocurrency, and will earn profits from the "trading revenue" generated through sales.
Donald Trump Did Not Get Tens Of Billions Of Dollars Richer From $TRUMP Meme Coin—Here’s Why
Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.
Donald Trump Created Thousands of Crypto Millionaires with a Meme Coin—What If He Endorses This New AI Altcoin?
Donald Trump’s recent launch of a meme coin, $TRUMP, has shaken the crypto market, creating thousands of new millionaires overnight. The token’s explosive
Melania Trump's Meme Coin Hits Donald Trump's Soaring Cryptocurrency
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
Ivanka Trump Slams 'Unauthorized' Meme Coin as Donald's Solana Token Slumps
Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.
Donald Trump is promoting a new meme coin, prompting questions of ethical issues
Critics said the Trump meme coin could be a dangerous way for special interests and foreign governments to try and buy influence with the president.
Melania follows Donald Trump, launches meme coin
Melania Trump launched her own cryptocurrency, $MELANIA, following the success of her husband’s $TRUMP meme coin. Analysts see profit potential in $TRUMP, but ethics experts criticize it as exploiting the presidency. Meme coins like $TRUMP and $MELANIA are highly speculative, with limited utility and significant risks for traders.
Donald Trump's meme token has made him a crypto billionaire
Donald Trump's new meme token will make him the first US President to become a crypto billionaire, with his current holdings now over $58 billion, according to Axios.
Trump meme coins get mixed response from the crypto industry
President Donald Trump and First Lady Melania Trump both launched meme coins on Monday, but experts say they may not be reliable investments.
decrypt1d
Is Donald Trump’s Meme Coin Legal? Limits of Presidential Power and Norms Are Being Tested, Experts Say
Trump’s meme coin may be all fun and games for crypto traders, but legal experts say the unprecedented move could have ...
Donald Trump Supporters Are Waking Up To The Reality Of Their Ballot Choices After Trump Launched His Own Meme Coin, And The Reactions Are A Loooooot
"Seriously I was a big trump fan, but which president think's it's a good idea to make a meme coin when they are about to be ...
Forbes2d
Ivanka Trump Condemns ‘Fake’ Meme Coin—As $TRUMP And $MELANIA Drop In Value
Ivanka Trump said Thursday a meme coin bearing her name is “fake” and likely poses risks to investors, as other tokens named after and promoted by her father, President Donald Trump ...
coinspeaker1d
Trump’s Meme Coin Sparks Controversy While Lightchain AI Gains Investor Trust in a Volatile Market
While Trump’s meme coin has ignited debate and speculation, savvy investors are turning to Lightchain AI, a project rooted in innovation and trust.
Republicans Look The Other Way As Trump Profits Off Crypto Cash Grab
Now that Donald Trump is president, there’s no appetite within the GOP for scrutinizing the myriad conflicts of interest in ...
Vine co-founder launches meme cryptocurrency days after TikTok's brief shutdown; value soars
The newly launched $VINE spiked in value after Elon Musk teased a possible comeback of the discontinued app. Here's what it ...
Cathie Wood Dismisses Trump Meme Coin, Remains Focused On Bitcoin, Ethereum, Solana
Cathie Wood, CEO of Ark Invest, on Thursday addressed the recent launch of Trump Coin (CRYPTO: TRUMP) and her views on the ...
nftevening1d
Best Crypto to Buy Now With Life-Changing Potential
The crypto market is in limbo right now as Bitcoin hovers above $100K and liquidity rotates among altcoins. Yet, some traders ...