Trump’s $TRUMP and $MELANIA Coins Cause Chaos in Crypto Markets Ahead of Inauguration
If the cryptocurrency market thrives on chaos, Donald Trump has just raised the bar. Days before his second inauguration as President of the United States, Trump – or his team – launched the $TRUMP memecoin on the Solana blockchain, sparking a frenzy that sent shockwaves through the crypto world. The announcement, posted from Trump’s official X account, came with all the fanfare one would expect. Billed as the "only Official Trump Meme," the coin doesn’t have any utility – it’s simply named TRUMP – yet that didn’t stop it from creating unprecedented market volatility. $TRUMP Coin: From Zero to $83 Billion in Hours Memecoins are no stranger to wild fluctuations, but $TRUMP’s debut set new records. Within hours, the coin's price skyrocketed from virtually zero to $83 per token, giving it a fully diluted valuation (FDV) of $83 billion. While memecoins like Dogecoin and Shiba Inu once dominated the space, $TRUMP seemed to embody an entirely new level of speculative mania. Th...