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Quant (QNT) $ 66.91
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Render (RENDER) $ 1.49
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Filecoin (FIL) $ 1.03
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WrappedM by M0 (WM) $ 0.999648
NEXO (NEXO) $ 0.734544
Janus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
Ondo US Dollar Yield (USDY) $ 1.14
Kinetiq Staked HYPE (KHYPE) $ 30.90
VeChain (VET) $ 0.008128
OUSG (OUSG) $ 114.15
XDC Network (XDC) $ 0.035204
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Ether.Fi Liquid ETH (LIQUIDETH) $ 2,371.73
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Coinbase Wrapped Staked ETH (CBETH) $ 2,463.44
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IOTA (IOTA) $ 0.070178
Stader ETHx (ETHX) $ 2,384.10
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Pyth Network (PYTH) $ 0.050018
Kinesis Silver (KAG) $ 77.78
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 75,441.00

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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