Trump’s meme coin may be all fun and games for crypto traders, but legal experts say the unprecedented move could have serious consequences.
"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 in charge of a very large country? "
While Trump’s meme coin has ignited debate and speculation, savvy investors are turning to Lightchain AI, a project rooted in innovation and trust.
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.
President Donald Trump has ventured into the cryptocurrency space with the launch of his official meme coin, TRUMP, which debuted on January 17, 2025. The coin has quickly gained attention across the crypto community.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.
Meme coins have transitioned from playful internet jokes to legitimate financial instruments, capturing the imagination of investors worldwide. The latest entrants in this dynamic space—Donald Trump’s Official Trump Token ($TRUMP) and Bullionaire Coin ($BULL)—have set the stage for a battle of innovation,
"$MELANIA has plunged 80% from its peak, hitting a record low of $2.57 after a major whale sell-off. A crypto whale cashed out, making a $42.7M profit, triggering a 32% drop in a day and raising concerns over the token's future," CoinMarketCap reported on Friday.
Cryptos bearing the names of Trump family members soared this week before it became clear they had no official connection to anyone close to the president.
President Donald Trump and First Lady Melania Trump both launched meme coins on Monday, but experts say they may not be reliable investments.