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$TRUMP speculative crypto meme coin rises 600% overnight

  • Donald Trump launched the $Trump crypto meme coin, generating more than $6.27 billion in market capitalization with a 600% rise in one day, as reported by USA Today.
  • The $Trump coin is not intended as an investment opportunity, yet its value rose substantially overnight, according to Axios.
  • The coin's trading volume crossed the $7 billion mark, reaching a market capitalization high of $6.76 billion on January 18, according to CoinMarketCap data.
  • Trump's meme coin aims to express support for his ideals, but the website clarifies it is not an investment opportunity or contract of any kind.
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