TRUMP Meme Coin In Hot Water As Democrats Push Presidential Crypto Ban
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 […]
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The number of active addresses in Bitcoin has increased, with a peak of 912,300 on February 28. The most recent instance of this level was on December 16, 2024, when Bitcoin was trading at $105,000, Glassnode data shows. Related Reading: TRUMP Meme Coin In Hot Water As Democrats Push Presidential Crypto Ban Traders are closely […]
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 […]
After a two-month-long downfall, which saw the total market cap of the top meme coins fall from $116.6B to just $40B, the meme coin market is up and running again. It has gained a staggering 45% in market cap in around three weeks. The larger crypto market is green, too, with the granddaddy of all cryptocurrencies, Bitcoin, climbing over $95K. It’s now within touching distance of its all-time high of $109K. Moreover, last week, Bitcoin ETFs experienced their largest inflows ($3B) since December. Plus, according to a recent forecast by financial services company Standard Chartered, we....
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....