US President-elect Donald Trump Launches Cryptocurrency, $Trump, Surging to Billions in Market Value
Donald Trump, the US President-elect, has introduced his own cryptocurrency, $Trump, which has rapidly reached a market capitalization of several billion dollars.
The launch of the meme coin comes as Trump prepares to assume office as the 47th President of the United States on Monday.
The initiative was organized by CIC Digital LLC, a subsidiary of the Trump Organization, known for marketing Trump-branded products such as shoes and fragrances.
Meme coins like $TRUMP are typically created to generate buzz around viral internet trends or movements. However, they lack intrinsic value and are considered highly volatile investment options.
