Is Trump launching a crypto token? Industry scrutinizes 'Trump Coin'

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

Many industry participants regard themselves as single-issue voters, potentially making the crypto vote pivotal in the coming presidential election, some analysts say.

Is Donald Trump looking to endear himself further to the $2.5 trillion crypto industry with the launch of a new crypto token called "Trump Coin"? That’s the buzz, according to crypto industry participants, as Trump ramps up his campaign for the November presidential election. Industry experts are trying to figure out the origins of a so-called meme token registered on the Solana blockchain platform under the symbol "DJT," and the moniker "Trump Coin.

Like meme stocks, meme tokens are inspired by extraneous factors such as internet trends and pop culture references. Although some of the most famous meme coins like Dogecoin and Shiba Inu were originally created as a joke, their popularity and cult-like followings have accelerated the total meme coin market cap to a staggering $50 billion.

coin, which operates under the ticker TRUMP, is currently the most popular political meme coin trading at just over $9 with a market cap of over $400 million. The price of the token dropped on the news of the launch of Trump Coin. Another Trump-inspired meme coin trades under the letters TROG; it accompanies a cartoon of a frog with a MAGA hat on. Much smaller in comparison to MAGA, it has a market cap of $7.38 million and also fell on the news of the Trump Coin launch.

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 458. in İR
 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Lawmakers, industry experts hope seafood task force will boost struggling industryThe Alaska seafood industry is the cornerstone of Alaska’s economy, contributing $5.7 billion in 2019, but the industry is now on a tailspin on many different fronts. State lawmakers hope new legislation passed during the most recent session will help curb that.
منبع: AKNewsNow - 🏆 460. / 53 ادامه مطلب »