Trump’s Wealth Spikes and Plummets on the Launch of His Meme Coin – Mother Jones
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Donald Trump launched a multibillion-dollar meme coin just days before taking office and instantly saw his net worth balloon. But then, as the initial excitement passed, the value plunged and occasionally spiked again through the first roller-coaster hours of Trump’s second presidency. Despite the optimism of some crypto enthusiasts that the $TRUMP coin’s debut Friday heralded a new era of automatic crypto riches, the value of the coin had plummeted to around half of its weekend high of $72.62 by the time Trump was sworn in Monday.
Meme coins have no intrinsic value or…
