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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, ...
Trump's meme coin is illustrated with an artistic interpretation of Trump pumping his fist in the air, symbolizing his movements after the assassination attempt against him at a rally in July 2024.
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.
You’ll also find Trump “coins” issued by private companies. For example, on Amazon you can buy a “ 10 pack first edition commemorative ” Trump coin made of zinc alloy that sells for $16.99.
The same coin possesses a silver content of 6.87 grams. [15] According to the Jewish historian Josephus, the annual monetary tribute of the half-Shekel to the Temple at Jerusalem was equivalent to two Athenian drachmæ, each Athenian or Attic drachma weighing a little over 4.3 grams. [16]
The Trump meme coins started selling for $10 each before soaring to as high as about $70 as of Sunday morning. It fell sharply later Sunday after Trump and his wife, Melania Trump, posted about a ...