Memecoin


Finance

Trump Family-Linked Firms Profited $320M on Memecoin Despite 87% Decline Since Day One

Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.

Donald Trump speaking at the White House crypto summit. (Jesse Hamilton/CoinDesk)

Markets

MOG Coin Rallies as Elon Musk, Garry Tan Embrace ‘Mog/Acc’ Identity

The “mog/acc” is quickly gaining ground among everyone from Elon Musk to Garry Tan, a move that bumps the project’s visibility - and eventually prices.

(@Mogpfp/X)

Markets

BONK Bets Gain Favor as New Token Issuance Platform Nets $800K in 3 Days

“I expect the platform's success to surprise many,” well-followed X user @theunipcs “Bonk Guy” told CoinDesk in a Telegram message.

Bonk developers say they want to showcase Solana's capabilities. And that's worked so far. (Bonk Inu)

Markets

Trump Token's 85% Weekly Surge Defies Democrats' Call for Impeachment, Massive Unlocks

U.S. Peesident Donald Trump's memecoin has led to calls for impeachment and inflated its circulating supply in major unlocks. It's still defying gravity.

Donald Trump (Joseph Sohm/Shutterstock)

Markets

TRUMP Coin Jumps 70% on President's Dinner Event for Top Token Holders

The event comes after $300 million worth of TRUMP were unlocked last week, increasing the token's supply.

U.S. President Donald Trump (Photo by Win McNamee/Getty Images)

Markets

Trump's Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading

Despite the price increase, the token is still down over 88% from its peak and investors have lost a total of $2 billion.

U.S. President Donald Trump (Photo by Win McNamee/Getty Images)

Markets

'A Joke Wrapped in Volatility': Fartcoin Rallies Absurd 300% Defying Global Market Carnage

One trader noted that Fartcoin's face-melting outperformance is the "perfect metaphor" for the current times when even traditional assets trade like a joke.

Balloon (Pascal Bullan/Unsplash)

Finance

Donald Trump's Memecoin Faces Massive $320M Token Unlock Amid Record Low Price

The token is down by 83% since it launched in January.

Donald Trump speaking at the White House crypto summit. (Jesse Hamilton/CoinDesk)

Markets

TRUMP Token Pops 12% After U.S. President Calls It 'The Greatest of Them All'

Donald Trump's Truth Social post sends the presidential meme coin flying.

Donald Trump speaking at the White House crypto summit. (Jesse Hamilton/CoinDesk)

CoinDesk Indices

Crypto for Advisors: Memecoins

Memecoins have gained mainstream visibility recently. However, understanding what they are, how they work and where the risks are is critical.

CoinDesk

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