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Trump Memecoin Likely Generated at Least $11 Million in Fees, Analysis Shows
Donald Trump’s namesake memecoin has likely generated at least $11.4 million in fees for entities linked to the president since its launch just before his second inauguration, according to an analysis by the crypto risk modeling firm Gauntlet.
Concerns raised as Trump’s memecoin surges, making $11.4M in fees
Donald Trump’s $TRUMP memecoin has generated $11.4M in fees, soaring past $14B in market cap, creating potential conflicts of interest.
Trump launches memecoin that quickly crosses $10 billion market cap
The token launch appeared to be a boost for the chain Trump's memecoin launched on. Solana was up about 6% after the launch as money flowed in. Other cryptos had taken a dip as traders may have shifted funds to account for the surprise token drop.
Fresh Off Launching a Memecoin, Trump Tells SEC to Create Crypto Regulations
The SEC’s statement regarding the commission doesn’t really provide much insight into what it will seek to do, other than “provide clarity” on the rules regulating the crypto industry. It will likely achieve that by just stripping back those rules altogether,
TRUMP meme coin pulls in over $11M in fees for linked entities
Donald Trump’s TRUMP memecoin has pulled in at least $11.4 million in fees for entities tied to the president, according to a Jan. 28 report from Bloomberg. The memecoin, which launched on January 17,
Impacts
53m
Baby Dragon Memecoin ($BABYG) Combines Ancient Traditions with Meme Culture for Lunar New Year Launch
A new cycle is blazed with the launch of Baby Dragon ($BABYG), a memecoin that fuses the rich traditions of the Chinese ...
DMR News (English) on MSN
53m
Bitwise Seeks SEC Approval for Dogecoin ETF Tracking Memecoin Price
Bitwise has filed with the US Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) that tracks the ...
9d
The Trump Memecoin’s ‘Money-Grab’ Economics
When he launched his own cryptocurrency, Donald Trump produced unimaginable wealth from thin air. But it will come at a cost ...
CoinDesk
3d
TRUMP Memecoin Draws Eyes, But Leaves Crypto Market Without Fresh Investment: Web3 Expert
The hot ball of money moved around, leaving the total crypto market cap listless, Mirai Labs' Garrison Yang told CoinDesk.
coinspeaker
9d
Barron Trump’s Unofficial Memecoin Plunges 95%, Here’s Why
A memecoin named after Barron Trump saw a massive valuation boost, which was short-lived after ties to the President’s son ...
19h
Meme Index raises $3m in presale for community-governed memecoin investment platform
Meme Index (MEMEX), a new crypto project introducing decentralized indexes for memecoin investing, has raised over $3 million ...
2d
Mario Nawfal Announces $MARIO Token Airdrop After Unplanned Memecoin Launch on 𝕏
$MARIO Token is a memecoin that has gone viral thanks to an unlikely twist of fate and a strong focus on transparency. Born ...
cryptonewsz
2d
Memecoin Frenzy Boosts Solana Price For a Rally Past $300
During Monday’s U.S. trading session, the crypto market experienced a downturn. The selling pressure followed investors' ...
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