"Seriously I was a big trump fan, but which president think's it's a good idea to make a meme coin when they are about to be in charge of a very large country? "

Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.

President Donald Trump has spoken out about his TRUMP memecoin which was launched three days ahead of his inauguration.

President Trump's launch of meme coins sparks criticism, with concerns over legitimacy in the crypto industry. Despite promises of lighter regulations, the move dampened enthusiasm among crypto supporters and industry leaders.

Donald Trump's cryptocurrency was the largest meme coin on the Solana network by market cap at 10:35 a.m. London time, according to data from CoinGecko, with Melania Trump's token

Donald Trump launched $TRUMP cryptocurrency, a meme coin, days before his inauguration. It quickly reached over $32 billion in value. Melania has now launched her own.

President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effo

But by associating himself so closely with meme coins, some crypto fans worry that Trump hurts his ability to enact reforms

Trump launched the digital token with branding including an image from an assassination attempt on him in July.