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Cryptocurrency News Articles

TRUMP Meme Coin Sparks Debate as 14% of Americans Invest, Survey Claims

Jan 21, 2025 at 05:18 am

Donald Trump changed the meme coin market then he launched TRUMP on weekends. The Solana based token quickly grew to one market capitalization of $14 billion

TRUMP Meme Coin Sparks Debate as 14% of Americans Invest, Survey Claims

A recent survey has found that 1 in 7 Americans have purchased the new TRUMP meme coin, and more than 80% of these buyers have made a profit. The survey also found that 42% of TRUMP and MELANIA buyers are first-time crypto investors.

The survey, which was conducted by crypto marketing firm Chainzers, had a sample size of 1,092 Americans. It found that 14% of respondents had purchased TRUMP, and 81% of these buyers were currently profitable. The survey also found that 42% of TRUMP buyers had never purchased a meme coin or other digital asset before.

The TRUMP meme coin was launched in August 2022 and quickly became one of the most popular meme coins on the market. The Solana-based token reached a market capitalization of $14 billion within days of its launch.

However, the TRUMP meme coin has also been the subject of much controversy. Some critics have accused Donald Trump of manipulating the crypto market, and others have warned that TRUMP could be bad for crypto in the long run.

Despite the controversy, the TRUMP meme coin remains popular among many crypto investors. The coin has helped to introduce new people to crypto, and it has also sparked important debates about the role of meme coins in the crypto market.

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Other articles published on Feb 22, 2025