Trump’s $TRUMP and $MELANIA Coins Cause Chaos in Crypto Markets Ahead of Inauguration
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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...