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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]
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]
That level of vulnerability to outside forces is why meme coins are so explosively volatile, even by the standards of crypto trading. But that volatility is precisely what gives meme coins the ...
The dangers of meme coins. The global $3.5 trillion crypto market is a big tent, and while tokens like bitcoin dominate the industry, the open-sourced, decentralized nature of the blockchain ...
Even after a significant pullback in price, the Trump meme coin now stands as the 25th-largest cryptocurrency in the world, with a massive $6.5 billion valuation.
A meme coin is a cryptocurrency that usually originates from a specific internet meme or is rooted in a joke. The name of the planned Department of Government Efficiency, or DOGE, which Trump ...
Dogecoin (/ ˈ d oʊ (d) ʒ k ɔɪ n / DOHJ-koyn or DOHZH-koyn, [2] Abbreviation: DOGE; sign: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. [3]
With a market cap of about $7 billion, the coin is already one of the most-valuable meme coins. There's just been a new development which could send its price higher.
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