#TRUMPCoinMarketCap On January 18, 2025, United States President-elect Donald Trump launched a new meme coin called $TRUMP on the Solana platform. The announcement was made through its Truth Social account, directing users to the official website to purchase the tokens. $TRUMP experienced explosive growth, reaching a market capitalization of $8 billion in less than three hours after launch. The token's value increased by more than 300% in the first few minutes, with trading volumes approaching $1 billion. However, concerns were raised about the authenticity of the release due to the unusual nature of the promotional posts. Despite this, Trump's account appears to be safe, considering previous posts about cabinet picks. Furthermore, the cryptocurrency market is optimistic about Trump's imminent inauguration, anticipating pro-crypto policies. Bitcoin has surpassed the $100,000 mark, driven by expectations of favorable regulations and the possible creation of a Bitcoin strategic reserve by the US. It's important to note that in the past, products like "Trump Bucks" and "Trump Coins" have been marketed as collectibles, but turned out to be scams that duped Trump supporters. These products were sold with the promise of being redeemable for significant amounts, which turned out to be false. Therefore, although the launch of $TRUMP has generated excitement, it is advised that investors proceed with caution and conduct detailed research before getting involved with new digital assets.