In becoming a vital part of the trading apparatus on Solana, the crypto network home to the most spirited memecoin shenanigans, the likes of Raydium have experienced violent growth over the past year.
Memecoin scams are increasingly sophisticated, often targeting investors with high hype, FOMO and unrealistic promises. Rug pulls, fake presales and pump-and-dump schemes remain the top methods of ...
But Trump’s move on Friday to introduce a so-called memecoin — a crypto token with no real-world value that traders can invest in — has triggered alarm among investors and industry ...
By creating a memecoin, Trump has “opened the floodgates to deception . . . and at a minimum to rampant speculation”, said Eswar Prasad, senior fellow at the Brookings Institution.
Donald Trump drew plenty of criticism by launching his own branded memecoin three days before his inauguration, including from the crypto community which argued he was making a mockery of the ...
The Trump memecoin had a market value of $14.2 billion early Sunday, nearly triple the $4.9 billion just 12 hours earlier, data shows. It’s now second only to Dogecoin, the speculative joke ...
After the initial crash following the launch of the Melania memecoin, $TRUMP surged back above $64. Robinhood officially listed Donald Trump's memecoin on their ...