• Trump renews interest in crypto “meme coins”

  • Jan 30 2025
  • Length: 11 mins
  • Podcast

Trump renews interest in crypto “meme coins”

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  • Summary

  • President Donald Trump’s return to the White House has been seen by many as a boost for cryptocurrency. During the campaign, he made several crypto-friendly pledges and recently made a splash when he launched his own “meme coin” shortly before the inauguration. The Trump token reached a nearly a $15 billion valuation, though it has since fallen quite a bit. But it continues to provoke questions, like, is it a conflict of interest for a high-ranking official? What the heck is a meme coin anyway?Marketplace’s Meghan McCarty Carino spoke with Axios reporter Brady Dale, author of the Axios Crypto newsletter, to get some answers.
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