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Business & Economics

Trump crypto meme coin is a 'deep concern,' Dem lawmakers tell regulators

ABC News
Summary
Nutrition label

73% Informative

Trump launched the $ TRUMP coin Friday night , just days before he took office.

The $MELANIA coin is worth around $400 million .

Meme coins are a highly volatile type of cryptocurrency that allow people to bet on a popular personality.

A big share of the profits from these coins go toward Trump and his businesses.

VR Score

74

Informative language

73

Neutral language

44

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links