Democratic lawmakers are asking federal regulators to look into legal and ethical questions around the meme cryptocurrency coins launched by Donald Trump.

President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets.

A new meme coin launched by President-elect Donald Trump on Friday has a market capitalization of about $9 billion—after hitting a peak of over $15 billion early Sunday—marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration.

Was a record price paid for an artwork made by Trump amid the drama and pomp of his inauguration, or it is just a clever ploy?

Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit.

President Donald Trump has ventured into the cryptocurrency space with the launch of his official meme coin, TRUMP, which debuted on January 17, 2025. The coin has quickly gained attention across the crypto community.

Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.

The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.

According to a disclaimer on the Trump Meme website, Trump Organization-affiliated entities hold 80 percent of the cryptocurrency, and will earn profits from the "trading revenue" generated through sales.

"Seriously I was a big trump fan, but which president think's it's a good idea to make a meme coin when they are about to be in charge of a very large country? "

Meme coins have transitioned from playful internet jokes to legitimate financial instruments, capturing the imagination of investors worldwide. The latest entrants in this dynamic space—Donald Trump’s Official Trump Token ($TRUMP) and Bullionaire Coin ($BULL)—have set the stage for a battle of innovation,

Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.