Recently, former U.S. President Trump made a high-profile post on the social media platform Truth Social: “I love $TRUMP, very cool, great team!” This statement quickly triggered a market reaction, with Trump Coin ($TRUMP) soaring over 12% in a short period, briefly surpassing $12. However, the token has plummeted nearly 85% from its historical high of $77.24, leading to losses of over $2 billion for 810,000 investors. Analysts point out that the Trump family and their partners have profited nearly $100 million, while early insiders have netted $6.6 billion, raising ethical concerns. Although the Trump Coin official website claims it is merely a “digital collectible art piece,” market volatility and regulatory risks continue to simmer.