Outside Trump's meme coin dinner
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Critics of the president’s decision to auction off a private dinner via his Trump-branded crypto token were worried about the stunt for a few reasons. At the top of the list: the potential for foreigners to buy access to the sitting president,
While Justin Sun and other crypto names attend the president's crypto feast that Democrats labeled corrupt, one lawmaker is targeting Trump with a new bill.
Memecoins have been a part of the cryptoasset ecosystem virtually ever since the asset class achieved mass market awareness and appeal during 2017-2018. While most memecoin projects have been revealed,
Trump faces scrutiny for using the presidential seal at a memecoin event as lawmakers urge the DOJ to probe potential violations of federal ethics laws.
Moo Deng, which is based on a baby pygmy hippo, has risen to a $230 million market cap this month after the meme went viral online in 2024. The token skyrocketed over 836% in May and jumped another 21% over the past 24 hours.
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More companies are announcing plans to buy cryptocurrencies to help lift their share prices.
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Justin Sun, the China-born founder of the Tron blockchain, participated in the dinner while he is fighting a market manipulation case in the US