Trump's meme coin a cash grab
Cătălin Roșioru
Three days before his presidential inauguration, Donald Trump launched a meme coin , a type of cryptocurrency whose value is buoyed by social media and Internet culture, rather than any sort of functionality or intrinsic value. The coin, officially called $Trump , briefly ascended into the top 15 cryptocurrencies by market capitalization and attracted over a half-million buyers . Advertisement Referencing the coin in a news conference on Jan. 21, a reporter asked Trump if he intended to
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