Donald Trump Addresses TRUMP Memecoin’s Rise and Fall: ‘I Launched It, That’s All I Know 🐘
Donald Trump’s TRUMP memecoin quickly became a sensation in the crypto world, setting a record as the fastest-growing memecoin in history. Launched on January 17, shortly before Trump's inauguration, the Solana-based token surged to a market capitalization of $13 billion over the weekend.
Nevertheless, the value plummeted, dropping by 50% and stabilizing around $8 billion. This dramatic rise and subsequent fall have caught the attention of the crypto community, emphasizing the volatility often seen in the cryptocurrency market.
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