At 9 p.m. on Jan. 17, then President-elect Donald Trump announced to his more than 8 million followers on TruthSocial that he was releasing his own crypto memecoin. The token, called Trump ...

TRUMP is pitched as a memecoin, a type of cryptocurrency that typically serves no purpose, promises no utility, and has no underlying business model. The price of a memecoin tends to swing ...

On-chain data shows that a crypto trader has lost nearly $1 million in less than 2 hours due to Fear of Missing Out (FOMO). The trader lost the funds by speculating on BARRON’s potential upsurge ...

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Donald Trump’s namesake memecoin has likely generated at least $11.4 million in fees for entities linked to the president since its launch just before his second inauguration, according to an ...

On Jan. 31, Errol Musk said he is aiming to raise between $150 million and $200 million via his memecoin MUSKIT to fund a new for-profit think tank called the Musk Institute, reported Fortune Crypto.