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The Trump meme coin was launched on January 17, 2025, three days before Trump was inaugurated as president of the United States. The lack of a public announcement initially led to concerns that the cryptocurrency was a scam and might have no association to the president-elect. [3]
The launch of the coins came just ahead of Trump’s inauguration on Monday and follows a broader rise in crypto prices throughout 2024 and early 2025.
Trump coin had a fully diluted valuation of about $31.37 billion and a market cap of more than $6.27 billion, as of noon Saturday. "'Trump Coin' has taken the cryptocurrency world by storm, ...
PARIS/SINGAPORE (Reuters) -U.S. President Donald Trump's new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm over his crypto-friendly administration helped ...
The sale of Trump meme coin was organized by CIC Digital, an affiliate of the Trump Organization. The coin’s website said 200 million Trump meme coins are currently available, with plans to issue 1 billion over the next three years. CIC Digital and another company collectively own 80% of the Trump meme coins and will receive “trading ...
Melania Trump then released her own coin on Sunday. President-elect Donald Trump and incoming First Lady Melania Trump have launched cryptocurrency meme coins before the inauguration. On Friday ...
ClickBank, an affiliate marketing network, said that Trump coins were their most popular product in October 2021, and the second-most popular the following month. Popularity soared after the January 6 United States Capitol attack. To promote the coins, marketers falsely claimed that Nancy Pelosi intended to ban them.
This new currency, a so-called meme coin, has no inherent value, but rather fluctuates in price as people buy and sell the coin. Trump’s fans and opportunistic day traders have generated ...