The TRUMP token has created significant excitement and skepticism within the crypto community. After its launch, the token’s price skyrocketed over 1,100%, reaching a market cap of about 10 billion USD. Yet, only 10% is available for public distribution, which raises questions about its long-term viability.
The market dynamics shifted sharply when Melania Trump announced her own token, causing TRUMP’s price to drop by 46%. Experts highlight the risks associated with a presidential figure endorsing such speculative assets, emphasizing concerns over market volatility and the implications for the broader crypto landscape.
Leave a Reply