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The biggest crypto token rose more than 5% above $109,000 before slipping back above $105,500. Bitcoin has soared about 50% since Trump's election victory in November.
Trump’s meme coins brought a surge of attention to crypto and many newcomers into the space. To some, the coins signaled Trump’s commitment to crypto and to spurring its growth.
Bitcoin, the world's largest cryptocurrency, hit a new record of $109,071 on inauguration day when Trump was sworn-in as the 47th U.S. President, but later pared those gains and was last trading ...
A meme coin (also spelled memecoin) is a cryptocurrency that originated from an internet meme or has some other humorous characteristic. [ 1 ] The term is sometimes used interchangeably with the term shitcoin , which typically refers to a cryptocurrency with little to no value, authenticity, or utility. [ 2 ]
In November 2021, Squid Coin gained sudden popularity, with its valuation soaring to $2,861 per coin. Marketed as a "play-to-earn cryptocurrency," it garnered immense attention and witnessed a meteoric rise in its price, surging by thousands of percentage points.
And Trump's own meme coin — unveiled at a "Crypto Ball" held to celebrate his inauguration — follows a familiar pattern, with Trump's team holding at least 80% of the coin's supply.
It remains history’s most famous meme coin and, nearly a decade later, Dogecoin is still big enough to be in an online slap-fight with Elon Musk, who became the world’s biggest crypto ...
For now, World Liberty Financial remains just another sign that the blockchain industry is one of the most powerful factors in the 2024 election. "Crypto's just one of those things we have to do ...