When it comes to Donald Trump, surprises are par for the course. But launching a cryptocurrency? That’s a twist no one saw coming. On a quiet Friday night last week, the president-elect debuted $TRUMP, a cryptocurrency that’s as much about pol...
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Is $Trump Memecoin a Crypto Craze or Just a Fad?
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Subscribe21 JAN 2025 / TECHNOLOGY
President-elect Donald Trump and Melania Trump have launched individual cryptocurrencies, $TRUMP and $MELANIA, respectively, which are built on the Solana blockchain and function mainly as digital collectibles akin to campaign buttons. These tokens, not primarily intended as financial investments, saw a significant trading volume and value increase soon after their introduction, signalling a shift in the crypto landscape and underlining the need for financial professionals to understand cryptocurrency and its potential implications in tax, advisory services and regulatory changes.
When it comes to Donald Trump, surprises are par for the course. But launching a cryptocurrency? That’s a twist no one saw coming. On a quiet Friday night last week, the president-elect debuted $TRUMP, a cryptocurrency that’s as much about pol...
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