When the most famous man in the world cashes in on a crypto trend, that's a strong top signal. Why it matters: Revenue has been falling for the leading meme-coin platform since the Trump Organization launched the Official Trump (TRUMP) and Melania Meme (MELANIA) coins Jan.

First Lady Melania Trump's disastrous meme coin has tanked just weeks after it was launched. Worth $13.69 at its peak on January 20, the cryptocurrency has now flopped and the value of her $Melania coin slumped as low as $0.

BitMEX Research has criticized Donald Trump's meme coin launch as a stark example of political corruption enabled by blockchain technology, arguing it reflects decades of eroded trust in U.S. leadership.

Democratic politicians are calling for restrictions on politicians profiting from the launch or promotion of memecoins.

Memecoin’s moment may have passed, just after U.S. President Donald Trump cashed in on the frenzy around it. The MAGA chief’s decision in January to launch a memecoin—a digital token which isn’t linked to any kind of underlying business or asset—caused a flurry of interest,

Crypto prices keep tumbling lower and lower — and President Donald Trump's crappy meme coin is sinking down with the rest. The value of Trump's "official" meme coin, which trades under the ticker $TRUMP,

Congress Democrats have introduced a bill in the House to ban top federal officials and their families from issuing or promoting meme coins.