The Trump meme coin has risen to $17, but low volume and supply concerns hinder growth. A breakout above $20 could spark a rally, though risks remain.

A progressive watchdog group is calling for an investigation into whether President Donald Trump’s promotion of a meme coin violated federal law. In a complaint filed on Wednesday, Public Citizen asked the Department of Justice and the Office of Government Ethics to look into Trump’s repost on X in January of a cryptocurrency coin that

Public Citizen, a consumer advocacy organization, has called for a federal investigation into whether U.S. President Donald Trump had violated laws around gift solicitation by promoting a meme coin.

The meme coin explosion has reshaped the crypto landscape, turning what started as internet jokes into serious investment opportunities. Arctic Pablo Coin, Snek, Gigachad, Non-Playable Coin, and Simon's Cat are pushing the boundaries of what meme coins can achieve.

A new protocol aiming to index the meme coin market has raised $3.4 million during its presale phase. Meme Index (MEMEX) structures investments across multiple meme coin categories, from established coins to new tokens, via a unified platform. Meme Index’s team seeks to bring structure to meme coin investing through four curated token portfolios.