Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat regulatory actions will be taken against $TRUMP memecoin by June 30, 2025?
No Action • 25%
Warning Issued • 25%
Fines Levied • 25%
Trading Ban • 25%
Regulatory agency announcements or legal filings
Trump's Truth Social Account Announces $TRUMP Memecoin on Solana Amid Hacking Concerns
Jan 18, 2025, 02:25 AM
Just days before his inauguration, President-elect Donald Trump's official Truth Social account announced the launch of a personal memecoin named $TRUMP on the Solana blockchain, directing users to a website with the domain 'gettrumpmemes' to obtain the token. The token experienced a meteoric rise, reaching approximately $1.7 billion in market capitalization with over $140 million in trading volume within an hour. However, there are concerns about the legitimacy of the announcement, as some suggest that Trump's account may have been compromised. Additionally, the top holder of the token reportedly controls 80% of the supply, raising questions about the token's authenticity and potential risks to investors.
View original story
Trading banned • 25%
Fines imposed • 25%
Warning issued • 25%
No action taken • 25%
Fines or penalties imposed • 25%
No action taken • 25%
Investigation launched • 25%
Ban or trading restrictions • 25%
Yes • 50%
No • 50%
Confirmed legitimate • 25%
Officially disassociated by Trump • 25%
Confirmed illegitimate • 25%
Remains unresolved • 25%
More than 80% • 25%
Less than 60% • 25%
60% to 70% • 25%
70% to 80% • 25%
Positive • 25%
Neutral • 25%
Negative • 25%
Mixed • 25%
Public-private crypto partnerships • 25%
Tax incentives for crypto firms • 25%
Regulatory framework for crypto • 25%
Other initiative • 25%
Below 100,000 • 25%
100,000 to 200,000 • 25%
200,000 to 300,000 • 25%
Above 300,000 • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Below $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
Above $2 billion • 25%