The price of its own meme coin issued by U.S. President-elect Donald Trump ahead of his inauguration has soared, with the market capitalization once exceeding $14 billion and our money exceeding 20.4 trillion won.
According to the cryptocurrency information platform CoinGecko, the price of each Trump coin soared to $73.43 at one point on the morning of the 19th local time.
Based on the 200 million tokens circulating in the market, the coin's market capitalization once exceeded $14.7 billion.
Meme Coin refers to a cryptocurrency of a speculative nature that is made based on parodies or jokes.
On the afternoon of the 19th, a meme coin of Melania Trump, Trump's wife, was also released.
"With the release of Trump coins, Pandora's box around ethics and regulation has been opened," crypto analyst Justin Danesun told Reuters.
"This coin blurs the boundaries between government, profit and influence," he added.
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According to the cryptocurrency information platform CoinGecko, the price of each Trump coin soared to $73.43 at one point on the morning of the 19th local time.
Based on the 200 million tokens circulating in the market, the coin's market capitalization once exceeded $14.7 billion.
Meme Coin refers to a cryptocurrency of a speculative nature that is made based on parodies or jokes.
On the afternoon of the 19th, a meme coin of Melania Trump, Trump's wife, was also released.
"With the release of Trump coins, Pandora's box around ethics and regulation has been opened," crypto analyst Justin Danesun told Reuters.
"This coin blurs the boundaries between government, profit and influence," he added.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
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