32 sources·Politics

Trump Launches Meme Coins Amid Inauguration, Concerns Over Ethics Arise

President Trump debuts $TRUMP and $MELANIA meme coins, triggering market volatility and raising ethical questions regarding his potential conflicts of interest.

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  1. Trump Launches Ethically Murky Crypto Coin Days Before Entering Office

    Donald Trump’s launch of the $TRUMP coin represents one of the most egregious corrupt practices by a sitting president, as it risks transforming financial contributions into political influence without any oversight.

    Trump Launches Ethically Murky Crypto Coin Days Before Entering Office

    TruthoutTruthout·3M
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
    ·
    Left
    This outlet favors left-wing views.
  2. Melania Trump launches memecoin

    The launch of Melania Trump's memecoin just hours before her husband takes office not only raises serious ethical concerns but also showcases a troubling intertwining of personal financial interests with regulatory power.

    Melania Trump launches memecoin

    SalonSalon·3M
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
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    Left
    This outlet favors left-wing views.
  3. Trump's Meme Coin Mints Billions in Just One Weekend

    The introduction of the $TRUMP NFT not only positions the former president as a savvy market player but also raises significant ethical questions about the commercialization of political influence and the risks posed to investors in a notoriously volatile market.

    Trump's Meme Coin Mints Billions in Just One Weekend

    New York SunNew York Sun·3M
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    Right
    This outlet favors right-wing views.
  4. Steve Forbes on Fox Calls Out Trump for Cashing in On Meme Coin

    The launch of the $TRUMP coin just before the inauguration raises serious ethical concerns that overshadow any potential financial gains. It suggests a troubling convergence of politics and personal profit that could erode public trust.

    Steve Forbes on Fox Calls Out Trump for Cashing in On Meme Coin

    MEDIAiteMEDIAite·3M
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    Leans Left
    This outlet slightly leans left.
  5. Trump, Melania launch meme coins: What are they?

    The launch of Trump and Melania's meme coins not only capitalizes on the volatility and hype of the crypto market but also raises significant ethical concerns about utilizing presidential influence for personal financial gain.

    Trump, Melania launch meme coins: What are they?

    NewsNationNewsNation·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
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    Center
    This outlet is balanced or reflects centrist views.
  6. Trump promotes new meme coin before taking office on pro-crypto agenda

    Trump's promotion of the new meme coin reflects his ongoing tendency to blur the lines between entrepreneurship and politics, raising concerns about potential conflicts of interest and the risks of infusing personal financial ventures into public office.

    Trump promotes new meme coin before taking office on pro-crypto agenda

    ABC NewsABC News·3M
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  7. How Trump's new cryptocurrency token has affected his net worth

    Trump's recent foray into launching a cryptocurrency token highlights his continuous quest for self-promotion and profit, even as the associated risks and volatility of such ventures loom large.

    How Trump's new cryptocurrency token has affected his net worth

    NewsweekNewsweek·3M
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    Center
    This outlet is balanced or reflects centrist views.
  8. Coin of the Trump realm is crypto: Melania Trump mints her own billion-dollar meme coin

    The emergence of the Melania Trump meme coin could signal a tumultuous and unpredictable future for cryptocurrency as investors grapple with significant volatility and risk.

    Coin of the Trump realm is crypto: Melania Trump mints her own billion-dollar meme coin

    USA TODAYUSA TODAY·3M
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    Center
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  9. Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins

    The recent surge in Bitcoin's price, reaching an all-time high, is largely attributed to trader optimism surrounding the incoming Trump administration's supportive stance on cryptocurrency, especially following the launch of meme coins by the Trumps.

    Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins

    CNBCCNBC·3M
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    Center
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  10. Crypto billionaire Trump already 'cashing in on the presidency' with $TRUMP meme coin

    Trump's venture into the cryptocurrency space raises serious ethical concerns, as it appears to blur the lines between public service and personal profit, effectively allowing him to monetize his presidency in a way that is unprecedented in American history.

    Crypto billionaire Trump already 'cashing in on the presidency' with $TRUMP meme coin

    AlterNetAlterNet·3M
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    Left
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  11. Trump's inauguration will usher in a crypto-friendly administration, and with it, new state policies

    The increasing embrace of cryptocurrency by public pension funds, albeit slow, reflects a growing recognition that digital assets could play a role in modern investment strategies, despite the inherent risks and volatility.

    Trump's inauguration will usher in a crypto-friendly administration, and with it, new state policies

    Associated PressAssociated Press·3M
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    Center
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  12. Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live

    The author suggests that while Trump's presidency is triggering a surge in cryptocurrencies and the markets, the looming consequences of his policies could bring inflationary pressures and higher borrowing costs.

    Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live

    The GuardianThe Guardian·3M
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    Leans Left
    This outlet slightly leans left.
  13. Trump, Melania Launch Their Own Meme Coins Ahead of Inauguration

    The launch of the Trump meme coins appears to be a timely move to capitalize on the anticipated regulatory shifts in the cryptocurrency landscape under his administration.

    Trump, Melania Launch Their Own Meme Coins Ahead of Inauguration

    Epoch TimesEpoch Times·3M
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    Right
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  14. Melania Trump launches cryptocurrency on eve of inauguration

    The launch of the $MELANIA cryptocurrency on the eve of Donald Trump's inauguration signifies a provocative intertwining of politics and the burgeoning crypto market, despite the risks and volatility that accompany such investments.

    Melania Trump launches cryptocurrency on eve of inauguration

    BBC NewsBBC News·3M
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    Center
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  15. Melania Trump launches cryptocurrency meme coin after President-elect Trump launches his own

    The simultaneous launch of both the $TRUMP and $MELANIA tokens highlights the chaotic and speculative nature of the cryptocurrency market, particularly as the involvement of high-profile figures raises concerns about the potential for investor manipulation.

    Melania Trump launches cryptocurrency meme coin after President-elect Trump launches his own

    Fox BusinessFox Business·3M
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    Leans Right
    This outlet slightly leans right.
  16. Melania meme coin launches following Trump’s new cryptocurrency

    The launch of Melania Trump's $MELANIA coin not only marks her entry into the cryptocurrency world but also illustrates the growing acceptance and commercialization of digital assets by political figures.

    Melania meme coin launches following Trump’s new cryptocurrency

    The HillThe Hill·3M
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    Center
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  17. Crypto Billionaire Trump Already 'Cashing In On the Presidency' With Meme Coin

    The president-elect's launch of a cryptocurrency token just days before his inauguration represents a troubling departure from traditional ethics and raises serious questions about conflicts of interest and financial impropriety in the highest office.

    Crypto Billionaire Trump Already 'Cashing In On the Presidency' With Meme Coin

    Common DreamsCommon Dreams·3M
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    Left
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  18. Melania Trump offers MELANIA meme coin, instantly worth billions

    The launch of Melania Trump's own cryptocurrency highlights the blurring lines between the family's public service and their personal financial ventures, raising serious ethical concerns about their rapidly increasing wealth in the world of digital assets.

    Melania Trump offers MELANIA meme coin, instantly worth billions

    AxiosAxios·3M
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    Center
    This outlet is balanced or reflects centrist views.
  19. Trump launches new crypto coin

    The launch of Trump's new cryptocurrency token exemplifies his continuous effort to monetize his persona and appeal to the fervent supporters who thrive on the chaotic and often speculative dynamics of the crypto market.

    Trump launches new crypto coin

    Boston HeraldBoston Herald·3M
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
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    Leans Right
    This outlet slightly leans right.
  20. Trump Became a Crypto Billionaire Overnight Thanks to 'Trump Meme' Coin

    The launch of Trump's cryptocurrency token raises serious ethical questions, as it appears to be a blatant attempt to profit from his presidency and exploit his political position for financial gain.

    Trump Became a Crypto Billionaire Overnight Thanks to 'Trump Meme' Coin

    Rolling StoneRolling Stone·3M
    Mixed Reliable
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    Left
    This outlet favors left-wing views.
  21. Trump's New Cryptocurrency Surges

    The emergence of the $Trump token encapsulates both the exciting potential of cryptocurrencies breaking into the mainstream and the alarming risks they pose to the broader financial system.

    Trump's New Cryptocurrency Surges

    NewsmaxNewsmax·3M
    Mixed Reliable
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    ·
    Right
    This outlet favors right-wing views.
  1. Truthout
  2. Salon
  3. New York Sun
  4. MEDIAite
  5. NewsNation
  6. New York Post
  7. ABC News
  8. Newsweek
  9. USA TODAY
  10. CNBC
  11. AlterNet
  12. Associated Press
  13. The Guardian
  14. Epoch Times
  15. BBC News
  16. Fox Business
  17. The Hill
  18. Common Dreams
  19. Axios
  20. Boston Herald
  21. Rolling Stone
  22. Newsmax

Updated: Jan 20th, 2025, 2:50 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

On inauguration day, President Trump launched the $TRUMP coin, which rose sharply before declining, alongside Melania's $MELANIA coin. While excitement grows over his pro-crypto stance, critics warn of ethical conflicts given Trump's ties to the cryptocurrency market. The coins are intended not as investments, but as collectibles promoting Trump's values. Analysts express concern over the influence of potential big contributors as Trump's net worth surged. The volatility displayed by both coins raises questions on market manipulation and regulatory oversight as they are positioned to benefit Trump personally.


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History

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