TRUMP Meme Coin’s Wild Ride: Skyrockets on Fake News, Crashes Back to Reality
Trump’s meme coin soared to $14.5 billion after launch, then crashed spectacularly overnight. While exchanges raked in billions, 80% of tokens remain in insider hands. Investors are still pouring in.
SEC Commissioner rips apart “deeply flawed” meme coin guidance that creates a regulatory loophole for scammers. The controversial stance contradicts established securities laws and leaves investors dangerously exposed.