Trump’s meme coin may be all fun and games for crypto traders, but legal experts say the unprecedented move could have serious consequences.
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.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
The Trump Meme Coin ($TRUMP) launched on Jan. 17, 2025, and can be purchased using a credit or debit card or cryptocurrency. Here’s where to buy it.
Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.
"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? "
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 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.
The Guardian, a UK publication with a strong U.S. presence, went hard after President Donald Trump’s cryptocurrency meme coin last week, with a headline that said “Experts alarmed by Trump’s crypto meme coins: ‘America voted for corruption.’”
Rogan and Carlson would not be required to publicly disclose owning Trump coin, but they could choose to do so given their audiences on podcasts or based on guests that they are interviewing. DeSantis has to disclose his investments periodically as the governor of Florida.
TRUMP coin is no longer among the top three meme coins by market capitalization as investors have started to sell … Continue reading