What is a memecoin? Use cases, risks explained

US President Donald Trump, days before moving back into the White House, launched $TRUMP, a memecoin , which surged from under $10 on Friday to over $70 on Saturday. Experts said Trump’s coin represented a blending of the world of digital assets into the political arena, but it also “blurs the lines between governance, profit and influence”. Budget with ET Sitharaman has one job to do and it’s the most crucial one yet Will Modi govt have something special for Nitish Kumar’s Bihar?

https://economictimes.indiatimes.com/tech/tech-bytes/what-is-a-memecoin-use-cases-risks-explained/articleshow/117431535.cms