Trumpcoin News

A new Eric Trump token on Solana surged 6,200%, raising rug-pull concerns as blockchain sleuths trace insider wallet activity and repeated scam attempts.

The $300 million raise is part of the GD Culture Group’s ambition of “embracing blockchain-driven industrial transformation.”

The rumor started circulating after crypto influencer Ran Neuner tweeted that Truth Social would launch a memecoin in the next 72 hours.

Trump’s $2 billion stablecoin deal with UAE-backed MGX triggers ethics probe, jeopardizing Senate progress on stablecoin legislation.

Abu Dhabi’s MGX will use a Trump-affiliated stablecoin to settle a $2 billion investment into Binance in one of Web3’s largest funding deals.

The profit-taking came as the Official Melania Meme token staged an over 21% weekly recovery, but remains 96% below its all-time high.

The US President plans to host a private dinner for the top 220 holders of his TRUMP memecoin.

The Trump Coin team said that the block explorer doesn't correctly reflect the criteria they set for dinner eligibility.

The Movement Network concurrently launched its public mainnet beta. The MOVE token has a fully diluted value of nearly $5 billion.

Trump’s DeFi platform is currently sitting on a total unrealized loss of over $89 million across its holdings.

The growing appetite for memecoins may be limiting Solana’s price performance, industry insiders told Cointelegraph.

A recent spate of scandals have dampened retail sentiment on memecoin trading.

Token listing announcements stir up hype, but data shows a majority of tokens sell-off once listed.

SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency’s jurisdiction as investors lose $2 billion from the token’s decline.

Traders say the tokens drawdown was more about shifts in market liquidity than fundamentals.