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Salon
Salon
Politics
Daria Solovieva

BIZARRE: Meme coins fun hobby or wild gamble | Mind Blowing Facts

They carry no actual value, are highly volatile and until recently were mostly a joke. But meme coins are suddenly more serious.

Spurred on by Donald Trump's new embrace of cryptocurrency, meme coins are attracting more fans and fresh scrutiny. Days before he took office for a second term, Trump launched a coin that overnight was worth billions of dollars, at least on paper. It plummeted after Melania Trump announced her own coin days later. 

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