Price of new Trump crypto meme coin soars ahead of inauguration
by Michael Sainato in New York from US news | The Guardian on (#6TNZ2)
Asset triples in price from $20 per token to more than $70, with at least $24bn in trading as of Sunday morning
Donald Trump has launched a cryptocurrency meme coin" ahead of his inauguration for a second term as US president, called $Trump.
He announced the launch on Truth Social and X on Friday night. The asset has since soared in value, more than tripling in price from about $20 per token to more than $70, with at least $24bn in trading volume as of Sunday morning and more than $14bn in market capitalization.
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