By Michelle Conlin and Tom Wilson NEW YORK/LONDON (Reuters) -On Sunday, just before Donald Trump's inauguration, crypto investor Mike Dudas bought more than $145,000 worth of tokens from World Liberty Financial,
President Donald Trump and first lady Melania Trump released meme coins just days before he took the oath of office. A splashy pre-inaugural party was held at a property his company owns. And a Saudi-backed golf tournament is headed to a Trump club this spring.
Space X and Tesla CEO Elon Musk, who Trump has appointed as co-lead in the newly created Department of Government Efficiency (DOGE), stands as the richest person in the world with a fortune of $433.9 billion, per Forbes.
Melania Trump launched a meme coin on the eve of her husband’s inauguration — causing his own new cryptocurrency to briefly tank amid a buying frenzy. The incoming first lady dropped news of the cryptocurrency — “$MELANIA” — on Sunday night — just days after her husband, President-elect Donald Trump, revealed his own newly created $TRUMP coin.
Donald Trump’s newly launched cryptocurrency surged on Monday to nearly $11 billion in market value as billions poured into trading just hours before the president-elect takes the oath of office.
As Trump is sworn back into office on Monday, $TRUMP topped the market cap, bringing along optimism for the cryptocurrency industry.
The new president and first lady are only days into their second administration and already look set to benefit financially from a number of ventures, an expert said
Donald Trump's companies set a new benchmark for cryptocurrency hype by releasing a celebrity meme coin ahead of his presidential inauguration. According to blockchain tax startup CoinLedger, over 7% of its sampled users traded this token within two days of its release,
Was a record price paid for an artwork made by Trump amid the drama and pomp of his inauguration, or it is just a clever ploy?
Trump could multiply his estimated wealth if his family’s conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says.
The president is nobody’s idea of a technology expert, but thanks to his crypto broligarch pals, he has leveled up his grift.