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Render (RENDER) $ 1.52
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syrupUSDT (SYRUPUSDT) $ 1.11
Ondo US Dollar Yield (USDY) $ 1.11
OUSG (OUSG) $ 114.19
Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.24
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Morpho (MORPHO) $ 1.22
XDC Network (XDC) $ 0.034583
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USDai (USDAI) $ 0.999289
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Maple Finance (SYRUP) $ 0.299511
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Celestia (TIA) $ 0.365074
Renzo Restaked ETH (EZETH) $ 2,421.84
The Graph (GRT) $ 0.029041
crvUSD (CRVUSD) $ 0.995226
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USX (USX) $ 0.999618
Gnosis (GNO) $ 110.41
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Jupiter Staked SOL (JUPSOL) $ 115.56
Starknet (STRK) $ 0.054882
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Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
Pyth Network (PYTH) $ 0.049383
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Cap USD (CUSD) $ 0.968173
Undeads Games (UDS) $ 2.21
Staked Aave (STKAAVE) $ 126.65
Legacy Frax Dollar (FRAX) $ 0.989126
Kite (KITE) $ 0.150324
Stader ETHx (ETHX) $ 2,455.55

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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