The ‘Era Of Memecoins’ Begun: CryptoQuant CEO Weighs In On Trump Token Frenzy

Quick Summary:

Over the weekend, US President-elect Donald Trump took the crypto industry by storm with an unexpected launch.

Trump announced on social media he was launching the official TRUMP memecoin on the Solana blockchain last Friday, kickstarting a multi-billion three-day frenzy that sparked heavy community backlash.

Moreover, he added that celebrity tokens are just one of the forms memecoins can take, asserting that “the underlying reality of financial markets behaving like memes isn’t going away, so it’s worth considering how to make the most of it.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: Hungary

Topics: Donald Trump Crypto Market Crypto bull run 2025 Btc Bitcoin Crypto News CryptoQuant CEO SOL Solana Memecoin Trump memecoin MELANIA memecoin BTCUSDT Melania Trump Trump Celebrity memecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 05:00:46 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 674 words

Reading Time: 4 minutes read

Sentences: 44 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25308469

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About Bitcoinist

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Official Website: bitcoinist.com

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Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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