#TRUMPCoin one of 2025’s most controversial crypto events, former President Donald J. Trump launched a meme coin—$TRUMP —sparking a political firestorm and regulatory crackdown.
#memeact
Launch & Financial Fallout
Launch Date: January 17, 2025 (3 days before Trump’s 2nd inauguration)
Initial Surge: #CryptoNews 🚀🔥 peaked at $75.35
Crash: Lost over 80% of its value in 14 days
Transaction Fees Generated: $100M+
Investor Losses: Over 764,000 wallets, nearly $2B lost
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Elite Access for Top Investors
High-tier holders offered private White House dinners
Seat price: $1.5M each
Critics labeled it a “pay-to-play” scheme with ethical red flags
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Legislative Fallout: The MEME Act
Introduced by: Senators Blumenthal & Murphy (CT)
Full Name: Modern Emoluments and Malfeasance Enforcement Act
Purpose:
Ban presidents, VPs, lawmakers & families from launching/promoting crypto
Curb corruption, political abuse, and digital grift
CryptoScandal2025 coin Market Shockwaves
Trust eroded across the market
Everyday investors faced losses
Whales and insiders reportedly cashed out early
Increased fear of political interference in digital finance
Broader Legislative Setback
Fallout stalled progress on the GENIUS Act (bipartisan stablecoin regulation)
Democrats pulled support pending tighter AML and security measures
Final Word
The $TRUMP coin scandal served as a cautionary tale—blurring the lines between politics and profit. The MEME Act marks a bold step toward accountability in the crypto age.