Articles for tag: $TRUMP coin, Cryptocurrency, Donald Trump, financial volatility, meme coin, NFTs, trading fees

Market News

Trump Meme Coin Surges: Generates Over $86 Million in Trading Fees Amidst Growing Popularity and Investor Interest

The $TRUMP meme coin, launched by Donald Trump, has made headlines by generating between $86 million and $100 million in trading fees, while its overall value plummeted by two-thirds after peaking at $14.5 billion on January 19. Many investors profited significantly, with over 50 individuals making over $10 million each, while around 200,000 wallets suffered ...

Market News

Brian Armstrong Predicts Bitcoin Value Will Reach ‘Multiple Millions’ in the Coming Years

Bitcoin, the top cryptocurrency, continues to be a hot topic among investors despite recent price fluctuations. After hitting a record high of $109,000, its momentum has slowed, sparking discussions about its future. Coinbase CEO Brian Armstrong shared at the World Economic Forum that establishing a U.S. Strategic Bitcoin reserve could significantly increase Bitcoin’s value, possibly ...

Market News

U.S. Asset Managers File for Cryptocurrency ETFs Including TRUMP, DOGE, Solana, and More: Key Insights and Trends

U.S. asset managers Osprey Funds and Rex Shares have filed with the SEC to launch cryptocurrency exchange-traded funds (ETFs), including one focused on the new TRUMP coin. Launched on January 18, 2025, the TRUMP coin quickly gained popularity, reaching a valuation of $80 billion before settling at around $42 billion. The proposed TRUMP ETF would ...

Market News

Understanding Trump Meme Coins: Key Insights on Cryptocurrency Trends and Market Impact

Former President Donald Trump has recently launched a new cryptocurrency called $TRUMP, which quickly soared in value after its debut. Initially priced at nearly $6.50, it reached highs of $73 before falling below $40. The first lady, Melania Trump, also introduced her own meme coin, $MELANIA, which experienced similar fluctuations. While Trump previously criticized cryptocurrencies, ...

Market News

WonderFi Reports 48% Bitcoin Gains and Launches TRUMP Coin on Coinsquare to Enhance Trading Opportunities

WonderFi Technologies has announced impressive growth in its digital asset holdings, totaling CAD$15.1 million as of January 17, 2025. The company achieved a remarkable 48% unrealized gain in its Bitcoin investments and an 18% gain in Ethereum since starting its buying program in Q3 2024. WonderFi maintains an average purchase cost of about USD$70,551 for ...

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