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Many investors flirt with the idea of buying a meme coin like Dogecoin, (CRYPTO: DOGE) or perhaps a newer issue like the Official Trump coin, which is on the Solana (CRYPTO: SOL) blockchain with ...
The crypto world is no stranger to unexpected characters and wild speculation. Of late, a Trump-themed Solana (SOL) meme coin called TrumpCoin with the ticker "DJT" (standing for "Donald John ...
And more use cases like this could be coming, crypto analysts said. With pro-crypto regulation expected under President Trump, meme coins could proliferate in a new risk-on environment. Consider ...
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 ]
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 ...
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.
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 ...
Trump’s meme coin shot up after its launch Friday, from about $6.50 to $75 on Sunday, according to data from Coingecko. Then it tumbled, losing more than half its value on Monday as Trump ...