President Donald Trump made a major move into the cryptocurrency world, launching his own meme coin, $TRUMP.
Cryptocurrency has firmly established itself as a major force in global finance, now valued at billions of dollars. Re-elected U.S. President Donald Trump is the latest to jump into the digital currency game with his own meme coin, $TRUMP. Launched just days before his second inauguration, the token has quickly soared to an impressive $12 billion market value, according to CoinMarketCap.
A significant 80% of $TRUMP tokens are owned by CIC Digital LLC, an affiliate of Trump’s business empire, The Trump Organization, and another entity, Fight Fight Fight LLC.
In just 24 hours, $TRUMP generated a massive trading volume of $52.5 billion. Featuring an image from Trump’s attempted assassination in July, the coin has gained widespread attention, especially on social media. Thousands of users on X have shared and liked posts about the token’s launch, amplifying its visibility. This move marks a significant expansion of Trump’s cryptocurrency ventures, which already include World Liberty Financial. At the same time, Bitcoin continues to set new all-time highs, highlighting the booming digital asset market.
But it wasn’t just Trump’s token making headlines. The incoming First Lady, Melania Trump, also entered the crypto space with her own meme coin, $MELANIA, launched on January 19. Her coin briefly caused a dip in the value of $TRUMP as traders flocked to the new token.
$TRUMP’s price surged to over $70, pushing its market capitalization above $14 billion right after launch. However, following the launch of $MELANIA, $TRUMP’s value dropped from $75 to $30 before recovering to around $64. Meanwhile, $MELANIA skyrocketed to a market cap of $13 billion, making a significant splash in its own right.
Despite the brief volatility, Trump remains true to his promise of being a "crypto president," solidifying his presence in the digital currency world. $TRUMP is now ranked 18th globally in market capitalization, further cementing its place in the ever-growing crypto market.
The United States and Israel have carried out large-scale strikes on Iranian leadership and military targets, with Iranian state media confirming t...
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting reta...
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the cle...
Protests broke out in Pakistan and Iraq on Sunday after Iranian state media confirmed that Supreme Leader Ayatollah Ali Khamenei had been killed in...
A number of senior Iranian figures have reportedly been killed in Saturday’s joint U.S.–Israeli airstrikes on Iran, according to Irania...
Journalist and International Affairs Commentator, Tom Gross, joined AnewZ from Tel Aviv to tell us why he thinks the attack happened now and whether this could mark the beginning of the end for the Iranian leadership.
Former U.S. President Bill Clinton said on Friday (27 February) that he had no knowledge of the crimes committed by Jeffrey Epstein and would not have flown on the late convicted sex offender’s plane had he had any inkling of his activities.
Former U.S. Secretary of State Hillary Clinton said on Thursday (26 February) that she had no information about the criminal activities of Jeffrey Epstein and urged lawmakers to question President Donald Trump under oath about the disgraced financier.
Denmark will hold a parliamentary election on 24 March, Prime Minister Mette Frederiksen announced on Thursday (26 February), as she seeks to capitalise on a surge in support for her defiant stance against U.S. pressure over Greenland.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Governments across the region responded swiftly to Israel’s strikes on Iran, closing airspace, issuing travel advisories and activating contingency plans amid fears of escalation.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
A senior Iranian official has warned Israel to “prepare for what is coming”, insisting that Tehran’s response to the latest escalation in the Middle East will be made openly and without limits.
Ayatollah Ali Khamenei, Iran’s supreme leader for 36 years and the country’s highest political and religious authority, has died aged 86 following joint Israeli and U.S. strikes on his compound in Tehran.
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment