The original cryptocurrency has fallen 28% from its all-time high of $109,000 just last month, tumbling to $78,000 on Friday.

Memecoin’s moment may have passed, just after U.S. President Donald Trump cashed in on the frenzy around it. The MAGA chief’s ...

So-called meme coins, including those launched by the president and first lady, fail the SEC's Howey Test, the agency said.