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 $15 billion early Sunday—marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration.
Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.
TRUMP, a meme coin launched earlier this month on Solana, is now a payment option at several President Trump online merchandise stores.
The Trump Meme Coin ($TRUMP) launched on Jan. 17, 2025, and can be purchased using a credit or debit card or cryptocurrency. Here’s where to buy it.
Trump’s meme coin may be all fun and games for crypto traders, but legal experts say the unprecedented move could have serious consequences.
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.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
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 has launched a new meme coin, according to posts from his X and Truth Social accounts last night. The posts, which have come just days before Trump’s inauguration, were initially met with suspicion by many that his accounts had been hacked.
President Donald Trump's return to office could be inaugurating a new landscape in cryptocurrency. Just two days after launching the new $TRUMP cryptocurrency meme ...
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.
Donald Trump's new $TRUMP meme coin gripped the cryptocurrency market with its stellar $14.5 billion debut on Saturday, January 18, just days before Trump's ...