The new $TRUMP meme coin – a type of cryptocurrency – launched Friday night with posts on Trump's Truth Social social media platform and on X, the social network previously known as Twitter. According to the coin's website, gettrumpmemes.com, there are 200 million $TRUMP coins available now, with plans to have 1 billion over the next three years.

The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that surged in value in the hours after going on sale, days before his inauguration.

President-elect Donald Trump launched a cryptocurrency called $TRUMP on Friday night, taking the crypto world by storm and making some investors big money overnight.

Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday.

US President-elect Donald Trump unveiled his own cryptocurrency, $TRUMP, leading to a market frenzy. The coin's market capitalization soared to nearly

The release was wildly successful - but a major cause for concern was identified overnight - one that could prompt serious questions for the new President

Cryptocurrency executives swilled cocktails and danced to rap superstar Snoop Dogg on Friday night as they celebrated the approaching inauguration of President-elect Donald Trump, whose administration has promised major changes in crypto policy.

WASHINGTON — Donald Trump has launched his own cryptocurrency ahead of Inauguration Day. The president-elect took to his Truth Social platform to get the word out.

Despite the competitive memecoin market, the “Official Trump” (TRUMP) token quickly reached a $6.9 billion market capitalization. It was immediately listed on major exchanges, including Bybit, Bitget, and KuCoin. The memecoin launched with 200 million tokens in circulation and a total supply of up to 1 billion, with 80% allocated to the issuers.

President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans.

Trump unveiled the so-called meme coin, which is designed to capitalize on the popularity of a certain personality, movement or viral internet trend, on social media.