$TRUMP (and $MELANIA)

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Donald Trump ‘Official’ Memecoin Makes Millionaires, Raffles $3B Volumes in Hours​

What to know:​

  • An “official” memecoin linked to Republican Donald Trump was issued in early Asian hours Saturday from his verified X and Truth Social accounts.
  • Prices ran from a few cents to $14 in less than six hours amid widespread confusion on whether the token was backed by Trump.
  • The apparent move comes days before Trump takes office on Jan.20
Is the coin real?

That was the question plaguing crypto traders from U.S. to Asia alike as an “official” memecoin linked to Republican Donald Trump was issued in early Asian hours Saturday from his verified X and Truth Social accounts.

More:

www.coindesk.com

TRUMP Memecoin news: Donald Trump Token Turns Early Buyers to Millionaires

Prices ran from few cents to $14 in less than six hours amid widespread confusion on whether the token was actually backed by Trump or was a possible hack of Trump’s verified social account
www.coindesk.com www.coindesk.com
 
fwiw (dyodd)

PRESIDENT TRUMP LAUNCHES TRUMP MEMECOIN (A NEW ERA FOR CRYPTO)​

Jan 18, 2025 #crypto #cryptocurrency #cryptonews

In this video, I discuss the launch of a new "Trump meme coin" cryptocurrency. While the authenticity of this launch has not been officially confirmed at the time of my recording, there are signs pointing to it being real, including posts from high-profile crypto influencers and continued activity on Trump's social media accounts. I analyze the coin's price action and market cap, noting that despite initial skepticism, the coin has already reached a multi-billion dollar valuation, surpassing even Shiba Inu. I suggest this launch could be incredibly bullish for the crypto market, especially in the context of increasing speculation around a potential U.S. national Bitcoin reserve by 2025. Overall, I present this as a significant and intriguing development in the crypto space.


7:53
 
When I went to bed last night, the price for $TRUMP was about $9. I checked just now and it's around $21. I had seriously considered dumping a few bucks into it but didn't. I figured it was already too late to realize any Ponzi gainz. Oh well!
 


Trump to launch $USA coin on Jan 24? Another chance for the big Ponzi gainz!

Edit: Good chance this post is BS - Not sure that "Albright & Emerson PLLC" actually exists.
 
Below the twitter post:

Readers added context to this image

The name "Albright & Emerson PLLC" is not a name that belongs to any law firm practicing in the United States.google.com/search?q=Albri…

Do you find this helpful?
 
pmbug said:
When I went to bed last night, the price for $TRUMP was about $9. I checked just now and it's around $21. I had seriously considered dumping a few bucks into it but didn't. I figured it was already too late to realize any Ponzi gainz. Oh well!
Click to expand...
A lotta peeps said the same about bitcoin when it first hit $10
 
It can be traded for Solana (SOL) using a Solana wallet like Phantom Wallet. I also read something earlier today about Kraken listing it today. It will probably be listed on Coinbase and other exchanges soon enough.
 
Just checked - $TRUMP is at ~$35 now. I really should have pulled the trigger last night @ $9. Even this morning at $21 would have been OK, but upside reward didn't seem worth the risk of a crash.

On the bright side (for me), Solana (SOL) is seeing some residual upside from $TRUMP - up 17% over the last 24 hours and currently trading at a new ATH at ~$269.
 
I'm gonna leave this to those who think they understand herd mentality.



...the $ before a symbol, in stock tickers, indicates that the company is insolvent. Is that something we don't know of Trump? Or, wishes?
 
Sorry, it's a habit from X/twitter. The $ in front of the crypto ticker name is used to highlight the name (and identify it as a ticker name). You can see from the tweet in the OP that Trump himself referenced it this way.
 
pmbug said:
This is getting out of hand...
Click to expand...

You left out the second part. lol

Screwing around on twitter I read your post. Also ran into Ed K. He was off and running. I guess he likes controversy :dontknow:
 
Ran Neuner said:
I was ok with the $TRUMP coin because of the signal it sent to the world! After $MELANIA, it’s clear that they are now grifting at the expense of the entire crypto community - sucking liquidity out of the rest of the market.

Don’t get me wrong, as my timeline shows, I know about $MELANIA way ahead of the launch and obviously profited . Despite this , I can’t support this mess.
Click to expand...

 
They lasted a bit longer than $HAWK, but not that much longer. I read that 42% of purchasers of the $TRUMP and $MELANIA meme coins were first time crypto buyers. I'm not sure how that statistic was determined, but I suspect that a lot of Trump supporters (probably older and not very tech savvy people) bought these coins as their first crypto and got the full crypto experience.

tenor.gif
 
pmbug said:
They lasted a bit longer than $HAWK, but not that much longer. I read that 42% of purchasers of the $TRUMP and $MELANIA meme coins were first time crypto buyers. I'm not sure how that statistic was determined, but I suspect that a lot of Trump supporters (probably older and not very tech savvy people) bought these coins as their first crypto and got the full crypto experience.

tenor.gif
Click to expand...
A fitting cartoon to the situation.

This one older person, wouldn't TOUCH these (profanity here) coins. It's obvious they're DESIGNED to leverage money out of emotion-driven lemmings, into their own pockets.

I don't know why Trump hasn't put distance from this. Obviously he's not doing it; but apparently he thinks it's a cute flattery, not one more scam to rob people who cannot think clearly.

It may serve a purpose, though. Just as IMHO bitcoin was intended to condition the masses to accept a CBDC, this painful lesson may do the opposite. Teach them, with losses, that there are dangers in this parody of money.
 
From the Trump buy site:

What is a meme?

Merriam-Webster's meme noun: 1: an idea, behavior, style, or usage that spreads from person to person within a culture.

What are the Trump Memes?

Trump Memes are fungible crypto assets created and tracked on the Solana blockchain.


gettrumpmemes.com

Terms | GetTrumpMemes

gettrumpmemes.com gettrumpmemes.com

THE TRUMP MEMES ARE INTENDED TO FUNCTION AS AN EXPRESSION OF SUPPORT FOR, AND ENGAGEMENT WITH, THE IDEALS AND BELIEFS EMBODIED BY THE SYMBOL “$TRUMP” AND THE ASSOCIATED ARTWORK (THE “ARTWORK”) AND ARE NOT INTENDED TO BE, OR TO BE THE SUBJECT OF, AN INVESTMENT OPPORTUNITY, INVESTMENT CONTRACT, OR SECURITY OF ANY TYPE. NO FEDERAL OR STATE AGENCY OR ANY OTHER GOVERNMENTAL AUTHORITY HAS PASSED ON OR MADE ANY RECOMMENDATION OR ENDORSEMENT OF THE TRUMP MEMES OR THE FAIRNESS OR SUITABILITY OF THE PURCHASE OF THE TRUMP MEMES, NOR HAS ANY GOVERNMENTAL AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE SERVICES.

NEITHER THE TRUMP MEMES NOR THE SERVICES ARE POLITICAL AND HAVE NOTHING TO DO WITH ANY POLITICAL CAMPAIGN, GOVERNMENT AGENCY OR GOVERNMENTAL OFFICE IN THE UNITED STATES OF AMERICA OR ELSEWHERE. THE TRUMP MEMES ARE NOT INTENDED TO BE DISTRIBUTED TO ANY PERSON OR ENTITY IN ANY JURISDICTION WHERE SUCH TRANSACTIONS ARE RESTRICTED OR PROHIBITED UNDER APPLICABLE LAWS. IT IS YOUR RESPONSIBILITY TO ENSURE COMPLIANCE WITH THE LAWS OF YOUR JURISDICTION IN CONNECTION WITH YOUR PURCHASE, TRADE OR SALE OF THE TRUMP MEMES. THE TRUMP MEMES HAVE NOT BEEN REGISTERED UNDER ANY LAWS OF ANY JURISDICTION.

Meliana's buy site has the same stuff..........just not worded exactly the same.
 

Trump and His Family Earned Millions from Trump Coin While 810,000 Others Lost Money: Report​

The early rise in value of Donald Trump's memecoin, $TRUMP, helped some investors to earn significant profit while its crash caused more than 810,000 crypto wallets to lose $2 billion combined, according to an analysis reviewed by The New York Times. Meanwhile, Trump and his family have brought in approximately $100 million in trading fees alone.

Fast-moving professional crypto traders, some the paper said were based in China, bought $TRUMP at its opening sale price of 18 cents and sold quickly as its value rose to rake in significant profits.

New York regulators earlier in January issued a warning about "pump-and-dump schemes" where "creators or their associates artificially inflate the price of the coins and then sell their own coins rapidly at an inflated price, reaping substantial profits while causing the price to crash."

More:

https://www.msn.com/en-us/news/poli...S&cvid=0c8e62612fff46cfdd477cadb88b2d25&ei=16
 

Solana’s first lady meme coin falls hard—down 96% as Melania-linked project becomes case study in crypto red flags​

What began as a hyped launch in connection with first lady Melania Trump has rapidly become a cautionary tale for investors of meme coins. The Solana-based token, "Official Melania Meme," backed by Melania herself, has declined by 96% from its all-time high, as per a report.

More:

https://www.msn.com/en-in/entertain...crypto-red-flags/ar-AA1CTG3N?ocid=socialshare
 

About $300 million in Trump meme coins unlock Thursday — with the crypto down 90% from its all-time high​


President Donald Trump’s namesake meme coin traded lower on Thursday, when 40 million of the tokens — recently worth about $300 million — are scheduled to be unlocked, giving the owners of the cryptocurrency the ability to sell it for the first time since it was launched in January.

The Trump coin fell 3.1% on Thursday to around $7.50 Thursday afternoon, according to the Dow Jones Market Data. It has fallen over 90% from its all-time high at $73.43 hit on Jan. 19, two days after launch. Bitcoin the largest crypto by market cap, which is often viewed as a benchmark for other cryptocurrencies, edged up 0.5% to around $84,877 Thursday afternoon.

More:

https://www.msn.com/en-us/money/top...S&cvid=dca4047a608241f5815686f6adf07843&ei=62
 

Trump announces May 22 dinner for top 220 TRUMP holders, token surges​

The official memecoin of President Donald Trump, TRUMP, skyrocketed in price on April 23 following the announcement of an exclusive dinner invite for the top 220 holders of TRUMP.

The token is trading at $14.76 before witnessing a 66.12% increase in 24 hours, returning to its highest price since the beginning of March, CoinGecko indicated.

More:

https://www.msn.com/en-us/news/poli...S&cvid=c3ef4b9b91074f66bfe5455e4f348940&ei=15
 

Trump's memecoin dinner contest earns insiders $900,000 in two days​

  • President Trump and his allies have earned nearly $900,000 in trading fees over two days from the $TRUMP token after announcing a dinner with the president for top holders, according to Chainalysis.
  • Critics say the event amounts to selling presidential access, prompting Democratic senators to urge an ethics investigation into potential "pay to play" violations.
  • The $TRUMP token, which has no underlying product or service, has surged to a $2.7 billion market cap, fueling new revenue streams for Trump’s inner circle amid looser crypto regulation under his administration.
WASHINGTON – President Donald Trump and his allies have raked in nearly $900,000 in trading fees over the past two days from the president's $TRUMP cryptocurrency token, according to Chainalysis, a blockchain data company.

The surge came after a Wednesday announcement in which the top 220 holders of the token were promised dinner with the president.

More:

https://www.msn.com/en-us/money/mar...S&cvid=66d98532592d4981813192120d75614e&ei=17
 
Can't speak as to the veracity of this one. Take it fwiw. Maybe more will come out in a while from a different source.

Group of Traders Made $100M on Melania Memecoin Before It Went Public​

A small group of crypto traders made nearly $100 million by buying Melania Trump’s memecoin minutes before it went public, research by the FT has shown.

The first lady’s $MELANIA coin was unveiled on Jan. 19, the day before her husband was sworn in as president. It followed a similar move by Trump himself, who launched his own $TRUMP coin several days prior.

But analysis shows that in the two and a half minutes between the currency going live and Melania officially unveiling it to the public on Truth Social, two dozen digital wallets purchased tokens worth $2.6 million.

More:

https://www.msn.com/en-us/money/mar...S&cvid=e2afafa385694f42ab76c29e0447ab10&ei=19
 

'Completely out of bounds': Trump ripped over $300M windfall from Chinese-backed company​

A struggling tech firm with connections to China and a reliance on the Chinese social platform TikTok has reportedly secured funding to purchase up to $300 million worth of President Donald Trump's memecoin.

The New York Times reported that GD Culture Group became on Monday the latest foreign-linked entity to capitalize on $TRUMP, Trump's cryptocurrency initiative that funnels profits directly to the Trump family.

GD Culture Group, who has only eight employees per its public filings, is said to have recorded zero revenue last year.

More:

https://www.msn.com/en-us/news/poli...S&cvid=a139beba61294e6f997d60927eccfcdf&ei=13
 
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