Traders Lose Millions in Trump Coin—Are Meme Coins Still Worth the Risk?

Quick Summary:

The Trump coin received endorsement from US President Donald Trump and attracted significant attention to cryptocurrency markets.

Many traders began investing in the meme coin after its initial release because of the intense market buzz it generated.

The market price value of the coin reached a $14.5 billion peak, but it later declined by about two-thirds of its value by early February.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: TRUMP Blockchain Ozak AI Press Release

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-01 @ 11:18:41 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 609 words

Reading Time: 4 minutes read

Sentences: 44 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 26545889

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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