Donald and Melania Trump launched new cryptocurrencies over the weekend. Some experts are advising investors to be cautious.
Most of the major cryptocurrencies are in the green Friday morning, including Bitcoin and Dogecoin, but Trump's Solana token sits in the red.
Now there's a $MELANIA meme coin to go with the $TRUMP cryptocurrency meme coin. Both coin prices rose to generate billions of dollars.
Anthony Pompliano, founder and CEO of Professional Capital Management, discussed the rise of branded “meme coins” like those tied to Donald and Melania Trump.
Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
TRUMP and $MELANIA are currently ranking at 21 and 84 with a market cap of $8 billion and $1 billion, respectively, as of writing on CoinMarketCap. The shift from an anti-crypto to a pro-crypto U.S. government has transformed the crypto market in ways unpredicted.
The Melania Trump meme coin, a type of cryptocurrency ... potentially positioning itself to challenge Dogecoin's supremacy in the meme coin ecosystem," wrote London-based fintech analyst Boaz ...
Meme coins, which often start as jokes with no real value, are volatile cryptocurrencies that can skyrocket in price if enough people are willing to buy them.
The rise of $TRUMP and $MELANIA, inspired by the current U.S. President and First Lady, is driving meme coin growth. MIND shows shifting investor views.
Dogecoin became a favored cryptocurrency of ... an assassination attempt at a political rally in July. On Sunday, Melania Trump announced her own meme coin with a black-and-white photo of the ...
Solana (SOL) rises 36% YTD, fueled by Trump memecoin buzz and bullish technicals. Ascending triangle targets $388 breakout as utility and adoption grow.
An analysis of wallets showed 77% of TRUMP holders earned less than $100, with over 80% of TRUMP or MELANIA holders likely to be investors who held less than $1,000 worth of Solana-based assets.