The Trump family made about $616 million from selling the $TRUMP meme coin, while investors lost over $700 million as the token's value dropped 97% from its peak. Launched in January 2025 on the Solana blockchain, $TRUMP had no real utility and was mostly held by Trump-linked companies, which controlled 80% of the supply. Investors put in $1.2 billion but now hold only $521 million in value. This coin is part of a larger $2.3 billion profit made by Trump-affiliated firms from crypto ventures since 2024, highlighting risks for retail investors in politically branded tokens.
TRUMP Coin surged over 25% in 24 hours, reaching around $2.31 and a market cap above $500 million. This spike outpaced the broader crypto market, driven by renewed speculation after Donald Trump announced a potential peace deal with Iran and canceled...
Beldex (BDX), a privacy-focused cryptocurrency, surged 42.56% to $0.0764, leading the day's gainers despite no clear catalyst. This rise reflects growing interest in privacy coins. Meanwhile, Monero (XMR), another privacy coin, fell 17.36% to $345.50...
The Official Trump (TRUMP) meme coin jumped over 25% on June 12, reaching $2.11 and surpassing a $500 million market cap. The surge was driven by renewed investor optimism after President Trump announced the cancellation of planned strikes against Ir...
