Trump's Meme Coin Gains and Disputes Amid Family and Investment News

1 min read
Source: Cointelegraph
Trump's Meme Coin Gains and Disputes Amid Family and Investment News
Photo: Cointelegraph
TL;DR Summary

The Official Trump memecoin briefly rose 6% after Eric Trump announced that World Liberty Financial (WLF) plans to acquire a significant stake, but the price quickly retreated, and some crypto commentators expressed skepticism about the strength of the rally. The coin is currently valued at around $2 billion, but has seen an 8.65% decline over the past month, amid controversy over a proposed wallet and family involvement in crypto projects.

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