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Business & Economics

'A mockery': Trump's new meme-coin sparks anger in crypto world

BBC
Summary
Nutrition label

60% Informative

Donald Trump launched a meme-coin on his social media accounts ahead of inauguration.

The value of a single coin shot up to $75 within a day, but since has fallen to $ 39 .

Trump made millions from launching a series of NFTs of him in various superhero poses in 2022 .

Meme -coins are often launched for fun and used by speculators to make money.

VR Score

58

Informative language

54

Neutral language

50

Article tone

informal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

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