January 19, 2025
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Trump launched his own cryptocurrency, causing a wild stir

The new cryptocurrency reached $30 in a few hours.”, — write: www.unian.ua

The new cryptocurrency reached $30 in a few hours.

Trump's cryptocurrency quickly jumped in price to $30 per coin / REUTERS photoTrump’s cryptocurrency quickly jumped in price to $30 per coin / REUTERS photoUS President-elect Donald Trump launched his own cryptocurrency – memcoin $TRUMP. 200 million coins were released on the first day

“It’s time to celebrate everything we stand for: victory. Join my community and get your $TRUMP right now,” Trump’s message on the X social network reads.

It is noted that in three years the total number of coins will gradually increase to one billion.

It’s worth noting that the new cryptocurrency quickly jumped in price to $30 per coin, but as of 5:28 p.m., the value of Trump’s memcoin has fallen back to $28.60 per unit.

Trump launched his own cryptocurrency, causing a wild stirTrump’s policy on cryptocurrencies – breaking newsDonald Trump is very loyal to the crypto business, and his statements during the election campaign raised Bitcoin to a record high of $106,000 per coin.

Analysts believe that Bitcoin in 2025 may reach the mark of 200 thousand dollars per coin.

Bloomberg reported on January 18 that Trump plans to issue an executive order that elevates cryptocurrencies to the rank of priority policy areas and gives industry representatives a voice in his administration. The document should recognize cryptocurrency as a national imperative or priority.

You may also be interested in news:

  • Billions of revenues to the budget: Fedorov revealed the potential of legalization of the cryptocurrency market
  • Bitcoin began to fall after a historic rise: the euphoria of Trump’s victory is dissipating
  • Bitcoin will soon reach a new high: experts named the date

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