Is another Trump-linked memecoin coming?

By: cryptosheadlines|2025/05/12 22:00:12

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Donald Trump’s meme coin is once again making headlines as the top 220 holders await news on whether they’ve secured an invitation to dine with the former president.Launched just days before Trump’s January inauguration, the Solana-based token initially surged to $75 before falling to around $12.32.But the promise of exclusive perks, including a gala dinner and private VIP reception on May 22 at Trump’s country club, has renewed attention — and controversy.According to the Trump-affiliated website GetTrumpMemes.com, winners are selected based on “time-weighted” holdings between April 23 and May 12. The top 220 wallets represent $160 million in time-weighted holdings, with Seychelles-based exchange HTX, linked to advisor Justin Sun, topping the leaderboard with $18 million.The total market cap of $TRUMP (TRUMP) sits at $2.74 billion, with entities tied to the Trump family controlling 80% of the remaining supply. Since launch, these entities have earned over $320 million in fees. Another Trump coin?Rumors circulated on May 12 that Truth Social, owned by Trump Media & Technology Group, was launching a new meme coin, similar to the official Trump coin. The launch would follow the introduction of TRUMP and MELANIA meme coins in January, both of which saw significant price drops after initial surges.While the Trump Organization claims the former president’s assets are in a trust managed by his children, critics say the project poses ethical concerns. Senator Chris Murphy called the coin “the single most corrupt act ever committed by a president,” citing the potential for anonymous foreign donors to buy influence.Recent data shows that while large investors have profited over $1.5 billion — $48 million since the dinner announcement, around 600,000 wallets have collectively lost $3.87 billion, many buying on secondary markets. Source link

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.