President-elect of the United States, Trump, made an announcement on platform X regarding the launch of his personal meme coin, $TRUMP. This coin can be acquired by users through visiting the "gettrumpmemes" website. As of press time, the market value of $TRUMP has skyrocketed, surpassing $20 billion. As a meme coin, $TRUMP demonstrates significant price volatility, generating enthusiastic market reactions but also posing substantial risks.
