$TRUMP Despite the fact that TRUMP debuted at a price of over $40 per token, at the beginning of this month its price quickly plummeted to a low of around $7.30.

Trump's memecoin has faced fierce criticism from ethics and cryptocurrency experts, including Ethereum co-founder Vitalik Buterin.

Critics stated that the token could be used to bribe the president, as any large purchases could increase the token's value. Trump and his associates own 80% of the issuance, which was valued at $11 billion as of April 23.