Trump's meme coin made nearly $100 million in trading fees

Meme coins: What to know about Trump's new side hustle
It includes an image of him raising his fist in the air and the words "fight, fight, fight" — a reference to his reaction after an assassination attempt last July. The token is marketed as "a piece of history," with Trump described as "the crypto president."
Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small traders lost money
Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.
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Trump meme coins plummeted amid tariff turbulence
Trump’s meme coin, $TRUMP, and Melania Trump’s coin, $MELANIA, plunged as the news agitated markets worldwide, according to Axios. $TRUMP — unveiled days before his inauguration — saw its value drop by 18% just over the last day. It's now down to $17.50 per token, compared to a peak of $72.62 the day before his swearing-in.
Why President Trump's meme coin is raising alarm bells
The launch of President Trump's meme token was met with mixed reactions among the crypto community. On one hand, Trump allied with crypto backers on the campaign trail, promising to cut back on legal challenges brought against crypto businesses and promote innovation in the United States.
Trump meme coin loses $10 billion amid tariff sell-off
Axios Visuals Tariff anxiety has hit the cryptocurrency markets hard, shaving about $10 billion off President Trump's paper wealth over the last week. Why it matters: The launch of the Official Trump meme coin printed many billions of dollars of unrealized wealth for the president's company earlier this month,
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In the previous crypto bull market cycle, both Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were standout performers.
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