Category: Cryptocurrency
Donald Trump launched a meme coin called 'Trump Coin' on January 17, 2025, just before his presidential inauguration, achieving a market cap of $4.8 billion within 24 hours. The coin aims to challenge Dogecoin's dominance in the meme coin market, leveraging Trump's brand history. Its future value is speculative, with potential prices ranging from $100 to $300 per token. The launch raises ethical concerns about political power and cryptocurrency speculation, highlighting the impact of regulatory environments on the cryptocurrency landscape.
Keywords: Trump Coin, meme coin, cryptocurrency regulation
Update At: 1/19/2025