He argues that the coin costs more than 3 cents to produce (actually 3.69 cents, according to the U.S. Mint). Now that we know it's curtains for the coin, many questions arise.

The meme coin sector is estimated to have jumped from a value of $20 billion in January 2024 to more than $120 billion by the end of 2024, according to market analysts. Laurent Parmentier, a ...