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Trump Family’s Meme Coin Fiasco Triggers $1.1 Billion in Crypto Liquidations

Trump Family’s Meme Coin Fiasco Triggers $1.1 Billion in Crypto Liquidations

Published:
2025-01-20 14:31:10
15
3
The launch of the Official Trump meme coin, endorsed by Donald Trump, led to significant market activity and $1.1 billion in crypto liquidations. The coin saw a rapid increase in value, drawing attention due to Trump's high profile and upcoming role. However, the volatile nature of meme coins often leads to dramatic crashes, causing substantial financial losses for investors.

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