Trump Memes Coin
Meme Coins in the name of America’s new President Donald Trump and his wife Melania Trump are going viral. As soon as these meme coins went viral, their price started touching the sky within 24 hours. After this, Donald Trump himself had to clarify about this. On Tuesday, January 21, Donald Trump distanced himself from the $8 billion Meme Coins project going viral in his name and clarified that he knew nothing about it.
At the same time, information about Meme Coin in his name was posted from the social media handle X of his wife Melania Trump. As soon as the post went viral, the price of these meme coins saw an increase of up to 12 thousand percent. These days, meme coins are in the top trend in the crypto currency market, in which users are showing interest on social media. Come, let us know what are these Meme Coins?
Why are Meme Coins?
Meme Coin is a type of cryptocurrency, which is made from memes that go viral on the Internet. These meme coins also have humorous characters like the memes. The coins containing these memes are sometimes called Shitcoins, which means a cryptocurrency that has no value, no authenticity, and no utility. Coins with memes like this are also made viral to criticize the cryptocurrency market.
Elon Musk also uses
Many times coins with such memes are also used as social currency. Meme coins have been in the news ever since Tesla CEO and Donald Trump supporter Elon Musk started endorsing Dogecoin. Dogecoin was created in 2013 by some software engineers to make fun of Doge memes. In 2021, 121 Dogecoins were circulated in the market. Elon Musk has been continuously posting about Dogecoin on his social media platform X since 2022.
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