
In recent news, President Trump is reported to have made substantial profits from a meme coin, attracting a wave of new-to-crypto buyers, in contrast to the 800K individuals who are said to have suffered losses. Bitcoin use amongst Chinese citizens continues to rise, showing disregard for government-imposed restrictions. Simultaneously, Trump's coin has received mixed reactions within the crypto community.
Further news reveals an online celebrity (Hawk Tuah girl) under fire for involvement with a controversial coin, and a report on 15 people and 3 companies charged with crypto fraud in the US. The notorious DeepSeek Coin is also under scrutiny for scamming many.
Amid all this, the 'People's Coin', introduced as an embodiment of True Communism on the Blockchain, is gaining attention, while the report suggests over 650 million individuals now have access to Bitcoin.
As crypto continues to infiltrate the mainstream, concerns around scams, fraud, and the use of crypto for personal gains remain. Still, the concept of 'People's Coin' represents a shift towards a shared and decentralized approach, which may impact the course of crypto evolution and its adoption globally.
PEOPLE Coin News Analytics from Sat, 25 Mar 2017 16:01:41 GMT to Fri, 11 Apr 2025 07:00:00 GMT - Rating 5 - Innovation 3 - Information 8 - Rumor -4