@yangyangxu
Trump Coin, officially known as TRUMP, is a Meme coin launched by the 45th and 47th President of the United States, Donald Trump, on January 18, 2025. This cryptocurrency immediately caught the market's attention.
Upon its release, Trump Coin witnessed an astonishing surge, with its market value reaching $4 billion within a day and ranking fourth among Meme coins. The coin's price skyrocketed over 10 - fold in just 24 hours, which was mainly driven by Trump's huge influence and the hype in the cryptocurrency market. For example, on the day of its launch, the trading volume was extremely high, and many investors were attracted by the novelty and the potential for high returns. However, the cryptocurrency market is highly volatile. By March 10, 2025, with the overall slump of the cryptocurrency market, Trump Coin's price dropped by more than 12%.
The launch of Trump Coin also had a significant impact on the broader cryptocurrency market.
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