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POL (ex-MATIC) (POL) $ 0.106218
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Quant (QNT) $ 74.85
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Janus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
Official Trump (TRUMP) $ 4.93
Lombard Staked BTC (LBTC) $ 87,820.00
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Function FBTC (FBTC) $ 87,247.00
Solv Protocol BTC (SOLVBTC) $ 87,626.00
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Filecoin (FIL) $ 1.32
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VeChain (VET) $ 0.010500
XDC Network (XDC) $ 0.048545
USDD (USDD) $ 0.999454
USDtb (USDTB) $ 1.00
Liquid Staked ETH (LSETH) $ 3,161.56
Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.93
OUSG (OUSG) $ 113.72
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Polygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999798
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Render (RENDER) $ 1.27
Renzo Restaked ETH (EZETH) $ 3,146.65
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AB (AB) $ 0.004774
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BitTorrent (BTT) $ 0.00000039
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Coinbase Wrapped Staked ETH (CBETH) $ 3,294.99
Bitcoin SV (BSV) $ 18.80
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Maple Finance (SYRUP) $ 0.317381
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IOTA (IOTA) $ 0.083901
Cap USD (CUSD) $ 1.00
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Kinesis Gold (KAU) $ 143.44
Kaia (KAIA) $ 0.058203
Binance-Peg Dogecoin (DOGE) $ 0.130269
Pyth Network (PYTH) $ 0.058016
Resolv USR (USR) $ 0.999528
crvUSD (CRVUSD) $ 0.999984
USX (USX) $ 0.999247
Resolv wstUSR (WSTUSR) $ 1.12
dogwifhat (WIF) $ 0.322999
Gnosis (GNO) $ 122.03

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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