MEME Price today

Conor McGregor has entered the cryptocurrency scene with a new memecoin, aiming to join the trend of celebrity involvement in this market.

Despite recent setbacks for memecoin investors, interest from celebrities continues, driven by past successes and favorable market conditions.

Experts, including Eric Weiss and Michael Saylor, predict Bitcoin’s divergence from traditional equity markets, reinforcing its status as a potential safe haven asset.

Changpeng Zhao (CZ) is entertaining the idea of launching a meme coin related to his pet dog, inciting speculation and interest in the BNB Chain. Discussions on social media have amplified activity around the Chain, indicating that a celebrity-based meme coin could capture public attention.

This potential move aligns with a trend of tokens inspired by celebrities. Successful meme coins like Dogecoin demonstrate significant market interest, prompting CZ to consider the authenticity of such a launch. His engagement has already stimulated notable interest in the BNB Chain.

The Central African Republic launched the ‘$CAR’ memecoin on February 9, 2025, claiming it would foster national development. Shortly after, it reached a market cap of 527 million USD.

Despite its rapid success, skepticism emerged as AI tools indicated the president’s video might be a deepfake, compounded by claims the memecoin domain was registered just days before the announcement.

Public Citizen has called for an investigation into President Trump by the U.S. Department of Justice regarding his memecoin launch, which may violate gift solicitation laws. They assert he solicited gifts from the public.

After initially peaking just below 75 USD, the memecoin’s value has since dropped below 20 USD. Public Citizen highlights ethical issues raised by Trump’s significant holdings in this cryptocurrency.