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Ponke, a Solana meme coin with a viral social media following, is set to release a plush toy with a blunt to match.
Solana co-founder calls meme coins and NFTs 'digital slop' despite hosting $15.5 billion meme coin, generating billions in ...
When the Trump meme coin was first launched, its creators initially released 20% of the planned 1 billion total coins. Half of that 20% was put up for public sale while the other half was put into a ...
Chainalysis said Trump meme coin creators made more than $1.3 million in trading fees in the week after the dinner was first announced. The value of the meme coin jumped from about $9 to around ...
While fluctuations in the Trump coin's price have resulted in massive profits for a fortunate few, hundreds of thousands of investors have reportedly lost money on the coin. According to CNBC's ...
The Trump coins "may actually reinforce the value of bitcoin, because that is in limited supply," said Barry Schwartz, chief investment officer at Baskin Wealth Management in Toronto.
The coin traded at $14.38 as of 6 p.m. EDT, making for a $2.8 billion market cap. What Have Lawmakers Said About Trump’s Meme Coin?
Like Bitcoin, meme coins, sometimes called meme tokens, use blockchain technology, but usually lack a clear use case and underlying value. "Meme coins aren't investments.
Attendees paid an average of $1 million a seat. Dinner with Trump isn't cheap. The lucky winners spent $394 million on the meme coin, per research conducted by blockchain analytics company Nansen ...
In the crypto world, meme coins are mostly just jokes with no intrinsic value. Since the coin was launched earlier this year, it has generated more than $320 million in fees for its creators ...