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Trump's $TRUMP Meme Coin Surges to $30 Billion in 24 Hours
8 months ago
412
The Unusual Suspects unpack Trump’s $TRUMP meme coin, launched in January 2025, which saw an explosive rise in value before quickly plummeting by 50%. Featuring an image of Trump after surviving an assassination attempt, the coin quickly reached a $13 billion market cap. However, critics argue that its lack of practical use, combined with Trump and his allies controlling 80% of the tokens, raises concerns about potential manipulation. Meanwhile, First Lady Melania Trump introduced her own coin, $MELANIA, adding to the growing controversy over public figures entering the cryptocurrency space.
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