Trump and Melania-themed digital tokens minted billions on paper for the first family while raising conflict-of-interest and foreign-influence concerns.

Industry players worry the success of the president’s meme coin will undermine the credibility they have worked hard to cultivate.

Digital currencies values surges amid expectation that new administration will support ‘crypto-friendly’ environment

President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets.

President Donald Trump and First Lady Melania Trump have both have issued crypto meme coins that could earn them billions of dollars. The move is raising ethics concerns as the president promotes the cryptocurrency industry while experts say he's in a position to make determinations about it.

After skyrocketing over the weekend, the the TRUMP and MELANIA meme coins came crashing a day after President Donald Trump took office.

Days ahead of Trump's inauguration as President of the United States, scheduled for Monday, Jan. 20, Trump launched the $TRUMP memecoin on crypto platform Solana. The President-elect posted the news from his official X account, making it as official as can be.

Within hours, TRUMP skyrocketed in value, climbing from pennies to over $50, with a market cap over $10 billion. The coin now ranks among the world’s top 20 digital assets, attracting both investors and critics. Trump’s business arm holds 80% of the tokens, set to release gradually during his presidency.

Two days after Donald Trump launched the new $TRUMP cryptocurrency meme coin, there's now an offering in the name of first lady Melania Trump.

The meme coins yo-yoed in value as Trump took office. Here is what you should know about the coins and cryptocurrency's future under the Trump administration.