Donald and Melania Trump launched new cryptocurrencies over the weekend. Some experts are advising investors to be cautious.
"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? "
President Donald Trump and first lady Melania Trump released meme coins just days before he took the oath of office. A splashy pre-inaugural party was held at a property his company owns. And a Saudi-backed golf tournament is headed to a Trump club this spring.
The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.
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.
Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday.
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband, President-elect Donald Trump, being inaugurated and days after he announced his own memecoin.
Trump could multiply his estimated wealth if his family’s conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says.
As the positive news surrounding Trump’s DeFi project accumulation of ETH and potential Wall Street exposure, will the price of ETH turn bullish? Positive signs as ETH looks for support.
Explore the top cryptocurrencies to invest in now, with promising projects offering growth opportunities and technological innovation.