President-elect Donald Trump has introduced an official meme coin named $TRUMP
just ahead of his inauguration. Initially priced at $10, the coin's value surged to approximately $70 before experiencing volatility, including a notable drop to $5 following the launch of a similar coin by Melania Trump.
Analysts have varied predictions for $TRUMP's future value. Some suggest the coin could surpass $100 in 2025, supported by pro-crypto policies from the incoming administration. However, the speculative nature of meme coins and market volatility make precise forecasts challenging.
It's important to note that $TRUMP is promoted as a symbol of community and support rather than an investment. Meme coins often lack intrinsic value and can be subject to rapid price fluctuations.