The Surprising Gains from the Trump Memecoin Craze!
2025-04-24
Author: Jessica Wong
From Teenager to Memecoin Mogul
Long before he became the mastermind behind the memecoin launchpad Pump.Fun, Dylan Kerler was reportedly raking in tens of thousands of dollars through dubious crypto schemes known as 'rug pulls.' This revelation raises eyebrows about the origins of his wealth and the memecoin frenzy he now oversees.
TikTok in the Crosshairs: A New Bidder Emerges
In an unexpected twist, Tim Stokely, the founder of OnlyFans, has teamed up with a crypto firm to throw a bid at TikTok. As the social media giant faces a looming threat of a ban in the U.S., this last-minute move adds even more drama to the ongoing saga.
Unsettled Waters: Trump's Tariff Impacts on Startups
Investors are increasingly anxious about Donald Trump's erratic tariff strategies, which could send shockwaves through the startup ecosystem. With IPO prospects already dimming, many are bracing for a potentially turbulent future.
xAI: Elon Musk Snaps Up X Amid Revival
Following a rocky period post-Elon Musk’s takeover, X—the social platform formerly known as Twitter—has seen its fortunes rebound, particularly after Trump's reelection victory. Now, it’s set to become a part of Musk's burgeoning AI venture, xAI.
Tech Giants Brace for Impact: Trump’s Tariffs Reshape Industry
The tech landscape is shifting as President Trump's trade policies threaten major players like Apple and Amazon, who depend on global supply chains. While some software firms predict an uptick in demand, the overall sentiment remains precarious.
Semiconductors in the Hot Seat: Tariff Tensions Persist
Despite a narrow exemption for certain semiconductor imports, Trump’s broad tariffs still target crucial technology like GPUs and chipmaking machinery, casting a shadow over the industry’s revival.
Amazon Pricing Strategies Under Scrutiny
So far, Trump’s tariffs haven't led to significant price hikes on Amazon, as sellers tread carefully in the volatile market, wary of penalties for sudden increases.
Venmo Leaks: New Insights into Trump Officials' Payments
WIRED has uncovered new Venmo accounts linked to Trump officials involved in a notorious Signal group chat, revealing payments with intriguing notes, including one simply featuring an eggplant emoji—raising more questions about transparency.
Nintendo's Dilemma: Tariffs Threaten Switch 2 Plans
Nintendo of America's president Doug Bowser shared that the company is actively weighing the implications of Trump's tariffs on their upcoming Switch 2 console, which may face unprecedented price increases.
Innovations Amid Challenges: Nintendo's Game Plan
At its recent Nintendo Direct event, the company unveiled 'Virtual Game Cards,' innovative technology aiming to enhance user experience by enabling game sharing across multiple systems. Meanwhile, fans eagerly await the teased Metroid Prime 4: Beyond.
Uncertain Future for Switch 2 Preorders
In a surprising move, Nintendo has postponed preorders for the highly anticipated Switch 2. The cause? The looming threat of Trump’s tariffs, leaving gamers anxiously waiting for more clarity.