The incidents around Donald Trump's curated meme-coin have left the entire crypto community flabbergasted, with many claiming that this is one big bluff that the new US President may have pulled on US crypto investors.

President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets.

The price of bitcoin and other digital assets has soared since Trump won the US elections. A lavish "Crypto Ball" ahead of Trump's inauguration sold tickets for thousands of dollars. Now, the mood is souring.

A new meme coin launched by President-elect Donald Trump on Friday has a market capitalization of about $9 billion—after hitting a peak of over $15 billion early Sunday—marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration.

Democratic lawmakers are asking federal regulators to look into legal and ethical questions around the meme cryptocurrency coins launched by Donald Trump.

According to a disclaimer on the Trump Meme website, Trump Organization-affiliated entities hold 80 percent of the cryptocurrency, and will earn profits from the "trading revenue" generated through sales.

The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.

President Donald Trump has ventured into the cryptocurrency space with the launch of his official meme coin, TRUMP, which debuted on January 17, 2025. The coin has quickly gained attention across the crypto community.

"Seriously I was a big trump fan, but which president think's it's a good idea to make a meme coin when they are about to be in charge of a very large country? "

Critics said the Trump meme coin could be a dangerous way for special interests and foreign governments to try and buy influence with the president.

The cryptocurrency market was shaken by the debut of $TRUMP, a meme coin launched by US President-elect Donald Trump.

Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.