Dogecoin price rose 5% on Wednesday to reclaim $0.38 as Donald Trump signed the DOGE department into law. Media reports linking the Dogecoin logo to the official DOGE website sparked bullish speculations that a $0.50 breakout could be imminent.
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.
By associating himself so closely with meme coins, some crypto fans worry that Trump hurts his chances to help the wider crypto industry.
Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
Our Vicky Ge Huang takes a closer look at President Trump's controversial cryptocurrency. Some key takeaways: It’s relatively easy to create a meme coin, like $TRUMP, $MELANIA or the longer-standing Dogecoin.
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.
Mark Cuban may like Dogecoin, but he's not a fan of what Donald Trump’s meme coin could mean for the crypto industry on Capitol Hill.
Two days after Donald Trump launched a memecoin that soared to $6.5 billion overnight, Melania Trump announced her own memecoin, adding to concerns the pro-crypto president is crossing ethical boundaries in an industry his administration will regulate.
Billionaire investor and television personality Mark Cuban threw a subtle dig at President Donald Trump’s newly launched meme coin on Monday, saying that he too can consider launching a similar project but with a major twist.
Two days after Donald Trump launched the new $TRUMP cryptocurrency meme coin, there's now an offering in the name of first lady Melania Trump.
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.