• 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

a year 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

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Dogecoin and Shiba Inu Derivatives Metrics Show Weakness

chest

Derivatives trading volumes for Dogecoin and Shiba Inu have significantly decreased as traders remain cautious.

user avatarSatoshi Nakamura

Crypto Theft Declines Significantly in February 2026

chest

In February 2026, the crypto industry saw a significant decline in theft, with damages from hacks and scams totaling $265 million, a 69% drop from January.

user avatarJesper Sørensen

Shiba Inu Hits Yearly Low Amid Global Market Turmoil

chest

Shiba Inu's value has dropped to 00000056, marking its lowest point this year as global markets react to the Israel-Iran-US conflict.

user avatarRajesh Kumar

Arthur Hayes Predicts Bitcoin Surge Amid Potential US-Iran Conflict

chest

Arthur Hayes predicts that a deeper US conflict with Iran could lead to monetary easing by the Federal Reserve, potentially increasing Bitcoin's value.

user avatarLucas Weissmann

OpenAI Signs Deal with Pentagon for AI Deployment Amid Anthropic Fallout

chest

OpenAI has secured a deal with the Pentagon to deploy advanced AI systems in military networks amid the controversy surrounding Anthropic.

user avatarTomas Novak

Pentagon Labels Anthropic a Supply Chain Risk, Barring Contractors from Engagement

chest

The Pentagon has designated Anthropic as a supply chain risk to national security, barring contractors from engaging with the company.

user avatarFilippo Romano

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.