Trump, cryptocurrency and House
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New York Magazine on MSNTrump Just Got Almost $100 Million Richer Thanks to His Meme CoinBeginning on Thursday, businesses affiliated with the president will be allowed to sell off 90 million of $TRUMP tokens, per the crypto-analytics firm Messari. In crypto, this is called an “unlock” — a scheduled increase to the liquidity of a meme coin to allow early investors to cash out if they so choose.
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Early investors and insiders who were previously restricted from selling the coins will be able to trade 90 million of the tokens.
By Hannah Lang, Elizabeth Howcroft, Michelle Conlin and Medha Singh NEW YORK (Reuters) -Crypto exchange Coinbase assures users on its website that it puts any new digital coin through "rigorous" vetting before allowing it to trade.
Entities linked to the president can now sell up to nearly $1 billion worth of $TRUMP. The question is: will they?
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Axios on MSNTrump gets another chance to sell $TRUMP this weekendThis weekend may offer some clues about whether or not President Trump has any regrets about releasing a meme coin just before he took office. Why it matters: Selling 200 million Official Trump (TRUMP) tokens on the Solana blockchain gave him multiple billions in paper wealth nearly instantly,
Meme coins are rising fast as the crypto market rebounds from a one-day selloff, with Dogecoin leading the charge.
The Trump administration is affecting the crypto sector in quite a few ways. The president's official token has hurt the sector. President Donald Trump didn't invent speculative exuberance, but he has a knack for bottling it.
Donald Trump is no longer just a political force—he’s now a market-moving phenomenon in the crypto world. With his vocal support for digital assets and the launch of his token, the industry is buzzing again.
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Cryptopolitan on MSNToken unlocks this week: TRUMP meme leads $1.574 billion token releaseTRUMP meme coin leads the token unlock schedule this week with a sizeable $1.574 billion set for release. The unlock includes 90 million TRUMP tokens valued at $865.8 million total. This week’s major cliff unlocks spread across 15 different cryptocurrencies over seven days.
LILPEPE, a frog-based meme coin that owes its origin to the culture of frog memes, is rapidly ascending the crypto charts not only because of the mere fact that it has become popular as part of the internet meme phenomenon,