TRUMP.FUN – Former President Donald Trump’s speech just a couple of weeks ago at the Bitcoin Conference in Nashville It now seems like a distant memory. Not only has he been overtaken by Vice President Kamala Harris as the front-runner in this year’s US presidential election, at least in the eyes of Republicans. Bettors on the prediction and betting site Polymarket – but his name and his family members now regularly appear in conversations about memecoins. It began last week when one of his sons, Eric Trump, tweeted who has “fallen in love with Crypto/DeFi. Stay tuned for a big announcement,” as CoinDesk’s Krisztian Sandor recounts. Then, on Thursday, a newly launched cryptocurrency on Solana (SUN) The Restore the Republic token, or RTR, rumored to be Donald Trump’s official token, began trading and reached a market cap of $155 million within hours of launch. Eric Trump warned users about “fake tokens” and said that “Trump’s only official project has not been announced.” RTR fell by 95%. His brother, Donald Trump Jr.He tweeted that while he loves “how much the crypto community is embracing Trump,” traders should “be wary of fake tokens claiming to be part of the Trump project.” Then there was the former president’s Spaces session on Monday with X owner Elon Musk, during which the pair highlighted He didn’t even mention Bitcoin or cryptocurrenciesAccording to The Block, the The omission caused prices to fall for tokens with names like MAGA Hat and Doland Tremp. Cryptocurrency news site Decrypt reported that some 10,000 tokens were released During the spaces on the meme coin launch platform Bomb.Funwhere the issue fee of $2 was completely removed earlier this week – making it much easier and cheaper to launch a token. Based on an account posted on XAfter Trump uttered the phrase “tough people” about five times in a row, there was at least 10 different memecoins launched under the name “ROUGH PEOPLE”. Some memecoin traders complained that the use Bomb.Fun was “It’s not fun anymore“because there was”10,000 scams.” But for at least one commentator, watching the action felt almost as a news channel“I don’t even need to look into space when there’s fun at the pump.”
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