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Though there is a potential for monumental gains, meme investors are more likely to experience potentially bigger losses as the stocks become overvalued and their price dramatically plummets.
And the latest bout of outrage is a doozy: The virtual-currency elites who saw Donald Trump as a crypto saviour are now upset over his recent multi-billion-dollar Trump-branded meme coin sale.
This new currency, a so-called meme coin, has no inherent value ... its price of about $43 was well off its $75 high. Read More: What Trump’s Win Means for Crypto. Trump’s meme coins brought ...
Following the launch of two meme coins by president Donald Trump ... the president and his wife's dubious crypto schemes, with more limited success.) In many ways, it's exactly the kind of ...
Meme coins are among the wilder and more unregulated corners of the crypto universe. They often start as a joke with no real value but can surge in price if enough people are willing to buy them.
The crypto-world drama Trump’s team spurred with this meme coin gambit is indicative ... newfound armies of single-issue loyalists. The more bitter crypto traders aren’t wrong to suspect ...
Just days ahead of his return to the White House, President Trump and his wife, Melania, launched a pair of meme coins that have skyrocketed in value and earned them billions of dollars ...
announced that he also has launched a meme coin. Probably not helping with that whole legitimacy thing. Read more at The Wall Street Journal. Trump’s executive order requiring the postponement ...