$2 Billion Gone: Trump Meme Coin Leaves Investors Scratching Their Heads
The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow. Related Reading: Trump […]
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Within an hour, a meme coin on the Solana blockchain, LIBRA, ballooned to a market value of $1.16 billion before quickly disintegrating. According to sources, early buyers of the LIBRA token profited millions of dollars while regular investors ended up scratching their heads with nothing. Related Reading: Bitcoin Boost: Cathie Wood’s Ark Invest Drops $80 […]
A new bill is making its way through the US Congress, in a bid to stop politicians from launching their own cryptocurrency coins. This move comes after many investors lost money big-time on the TRUMP meme coin, which is associated with US President Donald Trump. The coin’s wild ride has made people wonder if politicians […]
The world of meme coins is buzzing, especially with former President Donald Trump’s recent foray into the crypto space. His official meme coin, $TRUMP, made headlines by generating over $350M for its creators. However, the coin’s subsequent price drop left many investors feeling burned. Despite this rollercoaster, the meme coin market remains vibrant, bolstered by […]
The former BitMEX CEO, Arthur Hayes, is making a bold prediction for the TRUMP meme coin: it will outperform Bitcoin if market sentiment continues improving and politicians start leveraging meme cryptos. Related Reading: Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA The TRUMP token was launched to coincide with US President Donald Trump’s inauguration and, in just a short time, became the fourth-largest meme coin by market capitalization. However, after hitting a peak of $75, the TRUMP meme coin dropped to below $20. Now, the asset is getting a second look, with....
It’s been an interesting past 24 hours for the cryptocurrency industry and market, with the United States president-elect Donald Trump launching his own meme coin “Official Trump” (TRUMP). The Solana-based meme coin’s value has skyrocketed by more than 500% in the past 24 hours, with a market cap of over $5 billion. Ethereum (ETH) price, […]