The crypto market sees rising whale dumps for PolitiFi tokens TRUMP & MELANIA, raising market concerns of further bearish price action ahead.
LIBRA was released on Friday, sparking a now-deleted tweet of support from Argentina's President Javier Milei saying it would support small and mid-sized businesses in the country. His backtracking on the project prompted a 95% plunge in the token's value.
Following a series of meme coin collapses, it is time for influential politicians and policymakers to draw a bright line between "crypto" scams and bitcoin.
The Associated Press on MSN7d
Coins, watches and more: A look at Trump’s crypto-related ventures, by the numbersDonald Trump has leaned into his unofficial role as the “crypto president” in ways that can both help the crypto industry and enrich himself and his family.
A crypto trader lost $24M due to the decision to swap TRUMP tokens holdings for USDC amid the Solana price crash. Know more.
Groups linked to the memecoin have collected almost $100 million in crypto trading fees from the political token, while retail investors have lost $2 billion.
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