The latest Solana-based memecoin, launched under the name of the incoming President, Donald Trump, has experienced a dramatic surge in its market capitalization, reaching over $32 billion just a day post-launch. This remarkable growth highlights the ongoing volatility and interest within the cryptocurrency space.
As the memecoin attracts significant attention, it brings forth discussions about the current state of cryptocurrency regulations. The sudden surge raises questions about how regulatory frameworks can accommodate rapidly evolving digital assets.
Source: cointelegraph.com ↗