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NEXO (NEXO) $ 0.774830
Wrapped BNB (WBNB) $ 759.61
Filecoin (FIL) $ 0.981670
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Render (RENDER) $ 1.39
XDC Network (XDC) $ 0.037217
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Arbitrum (ARB) $ 0.120244
syrupUSDT (SYRUPUSDT) $ 1.11
Ondo US Dollar Yield (USDY) $ 1.10
Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.24
OUSG (OUSG) $ 114.22
Binance Staked SOL (BNSOL) $ 108.24
Morpho (MORPHO) $ 1.19
Beldex (BDX) $ 0.080287
Usual USD (USD0) $ 0.996102
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USDai (USDAI) $ 0.999790
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Kaia (KAIA) $ 0.056599
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USX (USX) $ 0.999743
Binance-Peg XRP (XRP) $ 1.59
Celestia (TIA) $ 0.340227
Ether.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
Bitcoin SV (BSV) $ 14.75
Renzo Restaked ETH (EZETH) $ 2,421.84
crvUSD (CRVUSD) $ 0.996298
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Kinesis Silver (KAG) $ 76.61
JasmyCoin (JASMY) $ 0.005727
SPX6900 (SPX) $ 0.296127
Jupiter Staked SOL (JUPSOL) $ 115.56
Legacy Frax Dollar (FRAX) $ 0.996295
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Kite (KITE) $ 0.151381
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Olympus (OHM) $ 17.28
Marinade Staked SOL (MSOL) $ 133.18
Pyth Network (PYTH) $ 0.046857
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
Undeads Games (UDS) $ 2.13
Conflux (CFX) $ 0.050742
AB (AB) $ 0.002625
PRIME (PRIME) $ 1.02

TRUMP meme coin pumps, then dumps after fake utility news

By admin On Mar 14, 2025

The TRUMP meme coin saw a sudden 19% surge before plummeting after false reports circulated that it would have real-world utility.

The digital asset jumped from $10.4 to $12.4 after DB, a prominent crypto news outlet, posted on X that the TRUMP token would “have real utility” on Thursday.

The surge was short-lived as a follow-up post appeared approximately seven minutes later claiming the account had been compromised. The TRUMP token price fell to $10.8 following the statement.

Initially, it was uncertain whether hackers or DB posted the second tweet. Ansem and others in the crypto community observed a grammatical error in the tweet, suggesting the security breach had yet to be resolved.

Some X users reported that DB’s account also shared fake news that BlackRock had filed for a spot HYPE ETF.

DB has since removed the unauthorized posts and issued a statement asking users to disregard messages posted during the security breach.

The news outlet confirmed an investigation is in progress and will provide updates when available.

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