Nowadays, we probably never stop to think about why money was invented. If you are a cynical person, you won't be surprised to learn the prime motivation was to make a profit for rulers.

The new president's $Trump coin won't surprise those who understand him but will likely vex some powerful people, SkyBridge's Anthony Scaramucci said.

President-elect Donald Trump has launched a new cryptocurrency token that’s soaring in value and potentially boosting his net worth

I believe the launch of TRUMP and MELANIA meme coins isn't an indictment of the crypto space but a fun way to show political support. Read my analysis.

Throughout the weekend, the project soared in value as Trump and his aides prepared to reenter the White House. As soon as Monday, Trump is expected to issue new policy directives that could loosen crypto regulation and send the price of bitcoin and other assets skyrocketing.

The launch of the Trump token, which hit a $15 billion valuation, rides the trend and raises questions. Axios reporter Brady Dale explains what a meme coin is and what owners can actually do with them.