Donald Trump’s newly launched cryptocurrency surged on Monday to nearly $11 billion in market value as billions poured into trading just hours before the president-elect takes the oath of office.
President Donald Trump and the first lady released their own cryptocurrencies. Experts compare them to Beanie Babies and dogecoin.
Space X and Tesla CEO Elon Musk, who Trump has appointed as co-lead in the newly created Department of Government Efficiency (DOGE), stands as the richest person in the world with a fortune of $433.9 billion, per Forbes.
Trump's embrace of cryptocurrency could mark a change from the regulatory hammer that has fallen on crypto companies under the Biden administration.
President-elect Donald Trump launched his cryptocurrency a mere four days before his second inauguration. A constitutional crisis in making?
Donald Trump has launched the $Trump cryptocurrency, marking a bold entry into the digital currency market as he prepares to assume office as the 47th President of the United States. The announcement came on Friday night via his social media platform,
President Donald Trump and first lady Melania Trump released meme coins just days before he took the oath of office. A splashy pre-inaugural party was held at a property his company owns. And a Saudi-backed golf tournament is headed to a Trump club this spring.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
TRUMP, a meme coin launched earlier this month on Solana, is now a payment option at several President Trump online merchandise stores.
Roughly 80% of the coin supply will be distributed to its founders over the course of three years – and that could leave everyday investors holding the bag.
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.