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New Week, New Memecoins... New Millionaires?

The Central African Republic’s President Touadéra followed Trump’s lead by launching an official memecoin. Meanwhile, Barstool’s Dave Portnoy started trolling the crowds with $JAILSTOOL.

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CoinSnacks
February 10, 2025 • Estimated Reading Time: 5 minutes

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2. The MicroStrategy Copycats

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1. New Week, New Memecoins… New Millionaires?

The Central African Republic’s President Touadéra followed Trump’s lead by launching an official memecoin. Meanwhile, Barstool’s Dave Portnoy started trolling the crowds with $JAILSTOOL. If you’re wondering who’s actually making money on these things, here’s some fresh memecoin madness data covered by the NYT: 700k wallets profited from TRUMP memecoin (31 wallets alone bagged $669 million), but 813k wallets ended up underwater. Hey, honestly, not that bad. Still, if you’re dead set on chasing memecoins, data shows that you better jump in within minutes, literally, or skip the ride altogether.

"Trump Coins:" The Next Big Thing

Now that President Trump has signed America's first-ever pro-crypto executive order… tech investor Jeff Brown just issued an urgent buy alert on this "Trump coin."

Even though it's not affiliated with or endorsed by President Trump, it's tied to a bleeding-edge technology that has already minted 500,000 millionaires in America… and it could jump 500% higher by the end of 2025.