Maximilian Brichta, University of Southern California Three days before his presidential inauguration, Donald Trump launched a meme coin, a type of cryptocurrency whose value is buoyed by social media ...

The acronym, DOGE, is inspired by a jokingly named crypto coin Musk has long celebrated ... and remove regulatory restrictions), DOGE-like meme coins could be used to help politicians carry ...

like the meme coin. The reporter informed the president that he made several billion dollars over the last few days because of the crypto coin. The president shrugged off the sum of money. The coin ...

former Coinbase executive and crypto analyst, Conor Grogan, estimates that the Trump team generated $58 million in trading fees on the first day alone. "This meme coin could hurt the very people ...

So, who's buying the president's meme coin? An analysis by Chainalysis found it's a mix of a few so-called "whales," or large investors, and retail investors wading into the crypto market for the ...

When Donald Trump won the presidency in November, many crypto fanatics celebrated, based on his promises to the industry that he would prioritize deregulation and legitimize crypto entrepreneurs.

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.

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 ...