Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small traders lost money
Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.
Crypto fans hoped Trump would make them legit. Then came the meme coins.
The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.
Trump's Meme Coin Just Got Another Potential Catalyst. Is It a Buy?
As you've probably heard by now, President Donald Trump recently launched the Official Trump meme coin with the ticker $TRUMP, which is hosted on the Solana ( SOL -14.27%) blockchain. With a market cap of about $7 billion, the coin is already one of the most-valuable meme coins.
Why President Trump's meme coin is raising alarm bells
The launch of President Trump's meme token was met with mixed reactions among the crypto community. On one hand, Trump allied with crypto backers on the campaign trail, promising to cut back on legal challenges brought against crypto businesses and promote innovation in the United States.
Meme coins: What to know about Trump's new side hustle
But meme coins are suddenly more serious. Spurred on by Donald Trump's new embrace of cryptocurrency, meme coins are attracting more fans and fresh scrutiny. Days before he took office for a second term,
Better Meme Coin to Buy: Dogecoin vs. Official Trump
Both Dogecoin ( DOGE -7.06%) and the Official Trump meme coin, with the ticker TRUMP, are among the most well-known meme plays out there at the moment. But, contrary to what you may have heard, not all meme coins are the same in terms of their balance of risk to reward. And, in this particular matchup, there's a lot to discuss. So let's dive in.
Trump’s $9 billion crypto coin is a windfall—and a new forum for influence buying, ethics expert warns
Before taking office, Jimmy Carter famously Trump's new memecoin.
American Banker11d
What bankers need to know about the Trump coin
President Donald Trump and the first lady released their own cryptocurrencies. Experts compare them to Beanie Babies and ...
Trump’s tariff threat sends crypto prices falling, including his own meme coin
Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some ...
Did You Buy a Trump Commemorative Coin? Here’s How Much It Could Be Worth in 10 Years
If you own a presidential coin commemorating President Donald Trump, the first thing you need to know is that it's not a true ...
Washington Examiner9d
Trump launches his own ‘meme coin’: What it means for crypto industry
TRUMP is a “meme coin,” meaning that, unlike other coins that serve as alternative payment methods, stores of value, or facilitate decentralized finance, the coin’s purpose is purely for ...
cryptopolitan1d
Shiba Inu and Trump Meme Coins Could Rally 1000% From These Levels, With Remittix Set For 5880% Gains In 2025
While many are skeptical of meme coins, some enthusiasts believe both Shiba Inu and MAGA (TRUMP) may have what it takes to make big gains in 2025. While Shiba ...
What does DOGE stand for? What to know about Elon Musk-led government agency under Trump
Since taking office for his second term, President Donald Trump has issued a number of orders which included establishing the ...
Marketplace9d
Trump renews interest in crypto “meme coins”
So you can now buy Trump watches, Trump sneakers and Trump fragrances with Trumpcoin. Stories You Might Like Bytes: Week in Review — The Stargate project, Trump meme coins, and the TikTok ...
Is Trump already paving the way for a new breed of crypto ETFs? Here’s what to watch.
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...