TRUMP Meme Coin Jumps 4.27%, Outpaces Bitcoin, Ethereum And Dogecoin, But It's Still No Where Near January Highs
The Official TRUMP (TRUMP) coin has surged 4.27% in the last 24 hours, reaching $18.50, with a market cap of $3.7 billion. Despite this short-term rally, TRUMP remains down 75.36% from its all-time high of $75.
Trump's Meme Coin TRUMP Falls 70% After President's Promotion, Trading Volume Drops by 90%
TRUMP, the Solana-based meme coin associated with President Donald Trump, has seen a steep decline following his recent attempt to promote it on social media.
Opinion
Trump's meme coin a cash grab
Right before his inauguration, President Donald Trump launched a meme coin, a type of cryptocurrency whose value is buoyed by social media and Internet culture, rather than any sort of functionality or intrinsic value.
The $Trump meme coin is reaping billions
It is a reference to the so-called market capitalisation. $Trump’s peaked at $15 billion, but is currently $7 billion. To put the $8 billion drop into context, it is equivalent to around half the value of large Australian companies like Coles and Santos.
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.
Meme coins: What to know about Trump's new side hustle
But meme coins are suddenly more serious. Spurred on by Donald Trump's new embrace of cryptocurrency, meme coins are attracting more fans and fresh scrutiny. Days before he took office for a second term,
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.
Bitcoin, Ethereum, Dogecoin Stage Strong Rebound As Trump Pauses Canada, Mexico Tariffs: Analyst Flags Significance Of $101,000 For BTC
Leading cryptocurrencies rebounded Monday as President Donald Trump's brief tariff reprieve fueled positive sentiment in risk ...
decrypt3d
TRUMP Solana Token Falls After President's 'Pump' Post, While Bitcoin and Dogecoin Dip
"I LOVE $TRUMP," the United States President posted about his Solana meme coin. It only fell harder, amid criticism over the ...
CoinDesk3d
TRUMP Down 75% From Peak Even as Donald Trump Shills the Token on Truth Social
TRUMP was issued a couple of days before Trump’s swearing-in ceremony on Jan.20 as the first-ever memecoin officially ...
Business Insider6d
Grayscale Launches Dogecoin Trust as Trump Crypto Craze Surges
Grayscale has launched a Dogecoin Trust, marking a major shift in how this once-dismissed memecoin is perceived. According to CoinDesk, Rayhaneh Sharif-Askary, Grayscale’s head of product and ...
decrypt2d
Bitcoin, XRP and Dogecoin Rebound as Trump Pauses Mexican Trade Tariffs
President Trump said Monday that planned tariffs against Mexico will be delayed, reversing the slide of Bitcoin and other ...
Grayscale Launches Dogecoin Trust
Originally launched as a joke, Dogecoin's market cap is now nearing $50 billion and a pipeline of investment products to invest in it is beginning to grow.
XRP and Dogecoin Surged 20%, Then Dipped as China Tariffs Dent Crypto Rebound
Donald Trump's decision to impose tariffs on imports from Canada, Mexico, and China led to a steep drop in bitcoin and ...
Crypto News Flash7d
Bitwise files Spot Dogecoin ETF Application—Is DOGE going institutional?
Bitwise submits an S-1 filing for Dogecoin ETF amid growing interest and evolving crypto regulations led by recent government ...