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Meme coins are among the wilder and more unregulated corners of the crypto universe. They often start as a joke with no real value but can surge in price if enough people are willing to buy them.
2. Peter McCormack, a crypto podcaster with more than 550,000 X followers "Trump coin is embarrassing. It is the opposite of what you voted for." 3. Erik Vorhees, the founder of crypto exchange ...
A lavish “Crypto Ball” Friday ahead of Trump's inauguration sold tickets for thousands of dollars and featured a performance by the rapper Snoop Dogg. But as that party was ongoing, Trump announced on social media he was offering his very own cryptocurrency in the form of a meme coin. The move dampened the mood for many in the crypto community.
Just days after President Donald Trump launched his new crypto token, two asset management firms jointly sought regulatory approval to debut an exchange-traded fund tied to the digital currency or ...
How much is the new Trump meme coin? On Saturday at 1 p.m. ET, the Trump coin was trading at about $31, according to crypto exchange GeckoTerminal.When trading started, the coin's value was 18 ...
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 ]
That hasn’t stopped people from trying to make money. The Trump meme coins started selling for $10 each before soaring to as high as about $70 as of Sunday morning. ... Some crypto enthusiasts ...
A cryptocurrency, crypto-currency, or colloquially, crypto, is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
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