The Trumps want you to buy their meme coins, but history should make us cautious about the hype
Just before assuming office as the 47th president of the United States, Donald Trump introduced his meme coin – $Trump. The digital token attracted lots of attention, and a couple of days after its launch the combined value of the coins was nearly US$8.5 billion (£6.9 billion).
5hon MSN
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The token reached a market cap of over $200 million within a few hours, prompted by Musk's promise to bring back the defunct app.
The website noted that people could purchase the meme coin either with a debit card or cryptocurrency. Meme coins have no economic or transactional value and are often seen as a means of ...
Cryptocurrency is no stranger to excitement, especially regarding meme coins. Recently, meme coins have captivated the market ...
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