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February 4, 2025

Trump Memecoin Generates Over $800 Million Profit since Launch, Claims Coinbase Director

According to Coinbase director Conor Grogan, President Donald Trump could have accrued over $800 million in profits since the launch of his official memecoin. The memecoin debuted in mid-January, just days before Trump’s presidential inauguration, quickly becoming the 40th-largest crypto asset by market cap. The excitement around the memecoin underscores its potential influence in the market and highlights the rapidly evolving intersection of politics and cryptocurrency. Investors are eager to see how this asset will perform in the coming weeks as it garners attention across the crypto landscape.

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