• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump's Tokens and Bitcoin Record: The Impact on Crypto Exchanges

user avatar

by Giorgi Kostiuk

2 months ago


Donald Trump and his wife launched their tokens as they took office, leading to a Bitcoin surge despite an early decline.

Donald Trump’s Token Launch

Over the weekend, Donald Trump and his wife launched their tokens, TRUMP and MELANIA. These memecoins gained attention with their rise, despite a morning decline for Bitcoin and altcoins.

Bitcoin's Record Surge and Its Causes

The decline was short-lived, and Bitcoin soon reached a new record exceeding $109,000. It's assessed that the rise is due to Trump taking office. Changpeng Zhao (CZ), former CEO of Binance, noted that what's good for memes is good for Bitcoin.

I forgot to mention, what is good for memes is also good for Bitcoin.

Crypto Community's Reaction

CZ's post referred to Trump's memecoin launch and rise as beneficial for Bitcoin, implying continued growth. He also stated he has no plans to launch his own memecoin.

Bitcoin trades at $108,400. The launch of Trump's tokens and Bitcoin's new record have sparked various reactions within the crypto community.

0

Share

Other news

Nexchain: A Promising Project at the Intersection of Blockchain and AI

Nexchain represents a new project in the blockchain market integrating AI for high speed and efficiency.

user avatarGiorgi Kostiuk

6 minutes ago

Crypto Fear & Greed Index Signals Recovery

Crypto Fear & Greed Index rises to 25, indicating increased investor confidence despite caution.

user avatarGiorgi Kostiuk

8 minutes ago

Dollar Shows Strength While Euro Weakens: Analyzing Forex Trends

Exploring recent shifts of the dollar and euro in the Forex market and their implications for the economy and traders.

user avatarGiorgi Kostiuk

9 minutes ago

OKX Fined €1.1 Million by Malta for AML Violations

Crypto exchange OKX fined €1.1 million by Malta for systematic breaches of anti-money laundering regulations.

user avatarGiorgi Kostiuk

11 minutes ago

How the Energy Crisis is Shaping Bitcoin Mining in 2025

In 2025, rising electricity prices reshape the Bitcoin mining landscape, creating demand for cloud solutions to reduce costs.

user avatarGiorgi Kostiuk

16 minutes ago

Strategic Cooperation Between Kyrgyzstan and Changpeng Zhao to Develop Blockchain

Kyrgyzstan has signed a Memorandum of Understanding with Changpeng Zhao to develop blockchain infrastructure and cryptocurrency.

user avatarGiorgi Kostiuk

19 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.