The cryptocurrency $TRUMP, introduced by former US President Donald Trump just before his inauguration on January 20, 2025, has quickly attracted the attention of the cryptocurrency market. This is a type of 'meme coin,' which means it is a cryptocurrency created based on internet trends or phenomena, often lacking intrinsic value and highly volatile.

Only a few hours after its launch, the market capitalization of $TRUMP reached nearly $5.5 billion.

However, this rapid increase has raised many concerns about conflicts of interest and transparency, especially as a large portion of the tokens are held by entities related to Trump.

The volatility of $TRUMP is also clearly shown when its value sharply decreased after Melania Trump introduced the cryptocurrency $MELANIA, leading to a drop in the value of $TRUMP from $64 to $41, before slightly increasing again.

Currently, the price of $TRUMP is at $39.98, with a trading volume of over $14.8 billion in the last 24 hours.

This volatility reflects the unstable nature of 'meme coins' and the potential risks for investors.

Additionally, the launch of $TRUMP just before Donald Trump's inauguration as President has sparked much controversy regarding ethics and conflicts of interest, as he could financially benefit from cryptocurrency-related policies enacted by his administration.