"The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun," Sacks said, speaking on Friday at the so-called crypto ball event, intended to drive support for Trump among the crypto community and demonstrate its value to the incoming administration.

The tokens, which warns it is not intended to be an “investment opportunity, investment contract, or security of any type’ traded as high as $US75.35.

Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight.Multiple large-cap tokens

Google search volumes for crypto-related terms have surged amid a market rally, driven by the launch of the Official TRUMP memecoin.

President-elect Donald Trump has launched a new cryptocurrency token that’s soaring in value and potentially boosting his net worth

A president-elect launching a new business product is a highly unusual move, and it is a major concern for ethics watchdogs.

President-elect Donald Trump promised a crypto-friendly administration. Days before taking office a second time, he began selling a new cryptocurrency. Named $TRUMP, the project is a meme coin, a type of crypto whose value is based largely on the popularity of internet memes.