As of March 21, 2025, there have been notable developments concerning the $TRUMP meme coin within the Chinese cryptocurrency community.

Liquidity Injection into $TRUMP/USDC Pool

On January 19, 2025, the TRUMP team injected 1.5 million $TRUMP tokens, valued at approximately $52.75 million, into the $TRUMP/USDC liquidity pool. This action increased the pool's total value locked (TVL) to $577 million, with the pool holding 5.13 million $TRUMP and 398 million USDC. Notably, the $TRUMP/SOL liquidity pool's TVL surpassed this, reaching $728 million, with a 24-hour trading volume nearing $3.3 billion, almost matching Ethereum's mainnet trading volume during the same period.

Market Performance and Community Response

Following its launch, the $TRUMP coin experienced significant volatility, initially surging over 300% within hours, reaching a peak of $21.51, and achieving a market capitalization of $8 billion. However, the token's value later declined, stabilizing around $13. This volatility has led to discussions within the Chinese crypto community about the risks and potential rewards associated with investing in meme coins like $TRUMP.

Regulatory Considerations

The rapid rise and subsequent fluctuations of $TRUMP have drawn attention from regulatory bodies concerned about the potential risks posed by such volatile assets. Discussions emphasize the need for investors to exercise caution and conduct thorough research before investing in meme coins, given their susceptibility to market manipulation and rapid value changes.

In summary, the $TRUMP meme coin has garnered significant attention within the Chinese cryptocurrency community, highlighting both the opportunities and inherent risks associated with investing in such assets.