Cryptocurrency news

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Canton (CC) $ 0.146509
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PayPal USD (PYUSD) $ 0.999962
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Quant (QNT) $ 77.31
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USDtb (USDTB) $ 1.00
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Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.05
Blockchain Capital (BCAP) $ 83.06
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Arbitrum (ARB) $ 0.121190
Function FBTC (FBTC) $ 76,389.00
Filecoin (FIL) $ 0.901595
Aptos (APT) $ 0.857096
Midnight (NIGHT) $ 0.040982
OUSG (OUSG) $ 114.87
Official Trump (TRUMP) $ 2.83
syrupUSDT (SYRUPUSDT) $ 1.11
Flare (FLR) $ 0.007655
Provenance Blockchain (HASH) $ 0.011217
Beldex (BDX) $ 0.080243
Binance Staked SOL (BNSOL) $ 108.24
JUST (JST) $ 0.070208
YLDS (YLDS) $ 0.999935
XDC Network (XDC) $ 0.030605
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Solv Protocol BTC (SOLVBTC) $ 76,461.00
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Kinetiq Staked HYPE (KHYPE) $ 33.97
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edgeX (EDGE) $ 0.989955
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Liquid Staked ETH (LSETH) $ 2,406.26
Sun Token (SUN) $ 0.018114
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L2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
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Binance-Peg XRP (XRP) $ 1.59
Kinesis Silver (KAG) $ 75.31
Ether.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
FLOKI (FLOKI) $ 0.000029
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Lido DAO (LDO) $ 0.332355
Noon (NOON) $ 0.751949
sBTC (SBTC) $ 77,039.00
Kaia (KAIA) $ 0.047789
Celestia (TIA) $ 0.307840
Ape and Pepe (APEPE) $ 0.000001
Jupiter Staked SOL (JUPSOL) $ 115.56
USDai (USDAI) $ 0.999886
Savings USDD (SUSDD) $ 1.03
DoubleZero (2Z) $ 0.079245
Legacy Frax Dollar (FRAX) $ 0.993918
Pyth Network (PYTH) $ 0.046948
Marinade Staked SOL (MSOL) $ 133.18
Maple Finance (SYRUP) $ 0.230438
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
Official FO (FO) $ 0.265956

Trump family gave us a ‘masterclass’ in meme marketing’: pro

By admin On Feb 1, 2025

Donald and Melania Trump’s entry into the crypto space with their meme tokens has sparked debate over regulatory strategy.

Zach Burks, CEO and founder of Mintology, a blockchain service provider, believes that by branding their tokens as “memes” rather than “coins,” Trump appears to be positioning them outside the scope of securities laws, an approach he described as a “masterclass in compliance in meme marketing.”

“By advertising their tokens simply as ‘memes’ instead of using the term ‘coin’, the Trumps are blatantly attempting to avoid their tokens being classified as securities,” Burks wrote in a note to crypto.news. “This is a masterclass in compliance in meme marketing and is a clear move to futureproof themselves from inevitable accusations of pump-and-dump schemes.”

An unexpected surge in demand for Trump’s token prompted the quick launch of a Melania-themed meme token, which some speculate was intended to diffuse scrutiny surrounding Trump’s own token, according to Burks.

By avoiding language that could trigger enforcement by the Securities and Exchange Commission , Trump’s approach highlights a broader trend in the evolving relationship between crypto and regulation, Burks added.

You might also like: Las Vegas Sphere denies Dogwifhat deal: report

Trump’s meme affair

The Trump family launched two meme coins, TRUMP (TRUMP) and MELANIA (MELANIA), in quick succession, sparking market volatility and backlash.

On Jan. 17, Donald Trump announced the TRUMP token on the Solana (SOL) blockchain via Truth Social, urging supporters to join his “Trump Community.”

Two days later, Melania Trump introduced her own token, MELANIA, also on Solana.

TRUMP’s price skyrocketed, reaching a peak of $75 with a $15 billion market cap. The token surged 840% from its $6.24 low on Jan. 18, making it the 18th largest cryptocurrency.

You might also like: Stablecoin market cap jumps $37b, hits record high since Trump’s victory

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