Trump shocked even the crypto industry, whose leaders were assembled at a black-tie gala just blocks from the White House, by launching a so-called memecoin, or a cryptocurrency that doesn't claim any underlying purpose.

Trump's crypto tokens are raising ethical and geopolitical concerns--and are worrying even Trump's staunchest pro-crypto supporters

The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.

First Lady Melania Trump launched her own meme-coin on the eve of the inauguration, which now has a value of $700m since slumping from $13 a coin to $2.70. But many meme-coins have led to big losses for people investing in them.

Donald Trump's Solana meme coin fell to the lowest price seen since just hours after launch. It's now the biggest loser in the top 100 coins.

President Donald Trump introduced his cryptocurrency just before his inauguration, the TRUMP coin, built on the Solana blockchain. Initially priced at around $3 per to

The launch of President Trump's meme token was met with mixed reactions among the crypto community. On one hand, Trump allied with crypto backers on the campaign trail, promising to cut back on legal challenges brought against crypto businesses and promote innovation in the United States.