logo
welcome
CBS News

CBS News

Trump launches his own $TRUMP meme coin, price soars overnight

CBS News
Summary
Nutrition label

62% Informative

President-elect Donald Trump unveils his own meme coin.

Meme coins have no economic or transactional value and are often seen as a means of speculative trading.

By mid-morning on Saturday , the market capitalization for $ TRUMP stood at nearly $6 billion .

The coin's official site said 200 million meme coins were issued.

VR Score

44

Informative language

31

Neutral language

30

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links