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Trump Meme Coins Crash; New Act Aims to Curb Corruption

3/3/2025

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Summary

Story summary

Meme coins tied to Donald and Melania Trump have plummeted in value, with $TRUMP crashing by 80% since its debut, while Melania's coin dropped from $13.73 to $652.44. In response, California Rep. Sam Liccardo has introduced the MEME Act, aiming to curb potential corruption and insider trading among officials profiting from these volatile assets.

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Story summary

Meme coins tied to Donald and Melania Trump have plummeted in value, with $TRUMP crashing by 80% since its debut, while Melania's coin dropped from $13.73 to $652.44. In response, California Rep. Sam Liccardo has introduced the MEME Act, aiming to curb potential corruption and insider trading among officials profiting from these volatile assets.