#TrumptMarketInsights Donald Trump’s meme coin soars in market value to $10-billion as he returns to White House

🟢 The Trump family’s entry into the crypto world has sparked a wider rally, with $BTC reaching a record $109,071.86 in early trading before settling around $105,297.

Donald Trump’s newly launched cryptocurrency, $TRUMP , has taken the market by storm, reaching over $10 billion in value just as the former president was sworn in for his second term. In an extraordinary move, $TRUMP had introduced the “meme coin” ahead of his inauguration, sparking billions in trading volume and capturing the attention of both supporters and critics.

The digital token, which Trump introduced on Friday, soared from less than $10 on Saturday to as high as $74.59 before giving back some gains on Monday. By early afternoon, it was trading at $45.21, with a market cap of more than $9 billion, according to CoinMarketCap. The launch has fuelled a wave of excitement in the broader cryptocurrency market, pushing bitcoin to a new all-time high.