Donald Trump's meme coin, $TRUMP, has been making waves in the cryptocurrency market. As of today, January 20, 2025, the coin's market capitalization has reached $11.74 billion, with a trading price of $60, representing a 64% increase from the previous day ¹.


The coin's launch has also had a significant impact on the wider cryptocurrency market, with Bitcoin reaching an all-time high of $109,241 ². However, other major cryptocurrencies like Ethereum and Solana have experienced fluctuations.


Interestingly, Melania Trump has also launched her own rival cryptocurrency, $MELANIA, which has gained significant traction, with a market capitalization of $1.62 billion ¹.


It's worth noting that the legitimacy and authenticity of these meme coins have raised concerns among investors, and their volatility is a reminder to exercise caution when investing in the cryptocurrency market ³.