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Trump launches cryptocurrency coin

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The articles report on the launch of a meme coin called "$Trump" by Donald Trump. The coin was created by CIC Digital LLC, an affiliate of the Trump Organization, and features an image of Trump inspired by the July assassination attempt in Butler, Pennsylvania. The coin is classified as a "meme coin," a type of cryptocurrency inspired by internet memes with no inherent utility. However, another article reports that a similar "meme coin" called the "$Hawk Tuah girl" dropped 95% shortly after its release last month, indicating that the market for meme coins may be highly volatile.

  1. US
    Eric Trump
    Republican Party
    1. I am extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth. This is just the beginning.
  2. US
    Donald Trump
    Republican Party
    1. My NEW Official Trump Meme is HERE! It's time to celebrate everything we stand for: WINNING!
    2. It's time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.
  3. US
    Nick Tomaino
    1. Trump owning 80 percent and timing launch hours before inauguration is predatory and many will likely get hurt by it.
  4. GB
    Larisa Yarovaya
    Southampton Business School
    1. If, in 2025, the SEC turns a blind eye, consumers could be left entirely unprotected from financial losses – especially when another meme coin bubble bursts.
    2. Strong political and government endorsements of crypto, paradoxically, pose a threat to its decentralisation ethos and could ultimately undermine the appeal of crypto assets.
  5. US
    Adav Noti
    Campaign Legal Center
    1. It is literally cashing in on the presidency- creating a financial instrument so people can transfer money to the president's family in connection with his office. It is beyond unprecedented.

Trump's cryptocurrency

  1. Melania Trump launches own cryptocurrency coin

sources

  1. 1.The Guardian
  2. 2.BBC
  3. 3.The Times of India
  4. 4.Guardian
  5. 5.New York Times

perspectives

  1. 1.US under Donald Trump
  2. 2.2024 US Presidential Election
  3. 3.US Politics
  4. 4.US Economy
  5. 5.Corruption
  6. 6.Billionaire
  7. 7.Twitter Takeover by Elon Musk
  8. 8.Banking industry
  9. 9.Cryptocurrencies

countries

  1. 1.United StatesUS

organizations

  1. 1.CIC Ventures LLC
  2. 2.Trump Organization
  3. 3.Truth Social
  4. 4.US Securities and Exchange CommissionUS
  5. 5.Campaign Legal Center
  6. 6.Centre for Digital Finance
  7. 7.Coinbase Global Inc
  8. 8.Coin Market Cap
  9. 9.Digital Chamber
  10. 10.Southampton Business School
  11. 11.World Liberty Financial

persons

  1. 1.Donald TrumpUS
  2. 2.Hawk Tuah
  3. 3.Craig Wright
  4. 4.Eric TrumpUS
  5. 5.Joe BidenUS
  6. 6.Nick TomainoUS
  7. 7.Adav NotiUS
  8. 8.Donald Trump JrUS
  9. 9.Hunter BidenUS
  10. 10.Larisa YarovayaGB
  11. 11.Paul Atkins

technicals

  1. 1.Make America Great Again
  2. 2.Bible
  3. 3.Inauguration
Trump launches cryptocurrency coin