The market's reaction to Trump Coin ($TRUMP) has been volatile, significantly impacting its investment value. Launched in January 2025, the memecoin surged over 1,100% to a $15 billion market cap within days, driven by Trump’s endorsement and crypto hype. However, it later dropped nearly 50% to around $40, reflecting its speculative nature and lack of intrinsic value. Early investors profited, while many smaller traders lost billions, per NYT analysis. Trump’s 80% ownership via affiliates raised ethical concerns, potentially undermining trust. Market sentiment shifted from euphoria to skepticism as volatility exposed risks, with experts warning of manipulation and regulatory conflicts. This rollercoaster suggests $TRUMP’s investment value hinges on hype, not fundamentals, making it a high-risk asset prone to sharp swings. 0 reply
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