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Days before taking the oath of office, Donald Trump and his family launched a new cryptocurrency token — known informally as a meme coin — called $TRUMP, as the ...
but to implement lax policies to crack down on crypto scams like pump-and-dump schemes that are regularly conducted through meme coins," the letter says. ABC News reached out to the White House ...
But as the party was under way, Trump announced on social media he was offering his very own cryptocurrency in the form of a meme coin. The move dampened the mood for many in the crypto community.
When Donald Trump won the presidency in November, many crypto fanatics celebrated, based on his promises to the industry that he would prioritize deregulation and legitimize crypto entrepreneurs.
But as that party was ongoing, Trump announced on social media he was offering his very own cryptocurrency in the form of a meme coin. The move dampened the mood for many in the crypto community.