Opinion
Trump's meme coin a cash grab
Right before his inauguration, President Donald Trump launched a meme coin, a type of cryptocurrency whose value is buoyed by social media and Internet culture, rather than any sort of functionality ...
Memes coins have grown to be an unstoppable force in the cryptocurrency space, and Panshibi, a new competitor, is sweeping … Continue reading ...
The vast majority of meme coins launched are dubious. Many are outright scams. For instance, in August 2024 the Instagram account of McDonald’s was hacked to advertise a meme coin named $Grimace in a ...