Trump Launches Personal Meme Coin With $1 Billion Market Cap

The TRUMP token surged to a $1.5 billion valuation within 30 minutes of launch, generating $123 million in trading volume.

TRUMP

Summary

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Terms & Concepts
  • Meme coin: A cryptocurrency inspired by internet memes, often with high volatility and speculative trading behavior.
  • Market cap: The total value of a cryptocurrency, calculated by multiplying its price by the number of coins in circulation.
  • Trading volume: The total worth of all cryptocurrency trades made within a specified period.