Meme stocks are usually struggling companies with declining cultural relevance that have gained a frenzied following of online retail traders, particularly on the Reddit messageboard r ...
Trump Media & Technology Group, which trades on the NASDAQ under the DJT ticker, is a security by definition. His meme coins, on the other hand, could benefit from being classified as a commodity.
They can disappear in days or last for years. See meme. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.
The early adopters who cash out of meme stocks make the money. See meme and meme coin. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.
It also said "a meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of 'security' because, among other things, it does not generate a ...