$TRUMP

Trump Coin's market value quickly soared to $15 billion at its launch, but within days, it lost the vast majority of its value. $MELANIA also briefly surpassed a market value of $2 billion before crashing. Like most meme coins, $Trump has no underlying product or service. Currently, the total circulating value of the $Trump token is about $2.7 billion.

Reports indicate that only 20% of the $Trump supply is available for trading. The remaining 80% of the tokens are held by insiders, which the website claims are held by the Trump Group and its affiliates.

According to reports, the first batch of tokens held by insiders is about to be unlocked, which will release millions of dollars worth of tokens for sale, potentially allowing President Trump and project insiders to profit from Wednesday's price increase.

Trump's Relationship with Cryptocurrency President Trump has referred to himself as the "Crypto President." Reports indicate that upon his return to the White House, he signed an executive order to establish a presidential working group responsible for proposing new cryptocurrency laws and regulations. He also signed an order to create a strategic Bitcoin reserve and digital asset reserve, which will consist of tokens seized by the federal government due to criminal or civil litigation.