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Trump launched his own memecoin. What is going on?

Trump became the first President-elect to launch a memecoin right before an inauguration, with the token rising faster than any other in history. This token had a number of impacts, caused some strong reactions and has a fairly unique token distribution.

theblock.co • 18/01/2025 - 11:48 AM

TOKENS

Trader who spotted Trump memecoin early turned $1 million into $90 million

A trader profited hugely from Trump's memecoin launch, exchanging 1.09M USDC for 5.7M tokens, with total holdings exceeding $90M amid a significant market cap surge.

theblock.co • 18/01/2025 - 10:37 AM

Trump posts send 'official' $TRUMP memecoin to $9 billion market cap

President-elect Trump’s X and Truth Social accounts have promoted an ‘Official Trump Meme’ memecoin, which reached a market cap of over $9 billion within three hours of launch. The memecoin appears to be associated with the same entity that launched Trump’s NFT trading cards, which will receive 80% of the tokens over 3 years, with only 10% reserved for a public distribution. Industry leaders celebrated Trump’s imminent inauguration at a ‘Crypto Ball’ in D.C. on Friday night.

theblock.co • 18/01/2025 - 05:23 AM

The Daily: Trump plans executive order to make crypto a 'national priority,' XRP market cap approaches $200 billion and more

Trump plans an executive order for crypto as a national priority, XRP shows bullish sentiment, Ethereum upgrades, and Phantom raises substantial funding amid airdrops and market developments.

theblock.co • 17/01/2025 - 18:53 PM

Trump launched his own memecoin. What is going on?

Trader who spotted Trump memecoin early turned $1 million into $90 million

Trump posts send 'official' $TRUMP memecoin to $9 billion market cap

The Daily: Trump plans executive order to make crypto a 'national priority,' XRP market cap approaches $200 billion and more

Orbiter Finance unveils OBT token details amid plans for Inauguration Day launch and airdrop

SoSoValue set to airdrop 49 million tokens in first season

MegaETH-based DEX GTE raises $10 million, including $2.5 million via Cobie's Echo

Switchboard to become first Solana oracle network to go live on Jito's growing restaking platform

SEC delays decision on Bitwise's proposed crypto index fund conversion to an ETF

Base memecoin Toshi surges over 130% upon Coinbase listing roadmap addition

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