But as that party was ongoing, Trump announced on social media he was offering his very own cryptocurrency in the form of a meme coin. The move dampened the mood for many in the crypto community. "I ...

But as that party was ongoing, Trump announced on social media he was offering his very own cryptocurrency in the form of a meme coin. The move dampened the mood for many in the crypto community.

Over the weekend Trump launched a meme coin, "Official Trump," that rose to a market cap of $73 billion in two days before a 50% drawdown. The move came just as Gary Gensler, an opponent of crypto ...

President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines ...