Investors are advised to exercise caution regarding the recently launched $TRUMP meme coin. Despite its initial surge in value, the coin has exhibited significant volatility, with its market value plummeting by two-thirds shortly after launch. 
Ethical concerns have been raised due to the Trump family’s substantial control over the coin, owning 80% of its supply. This centralization raises questions about potential market manipulation and conflicts of interest, especially given President Trump’s influence over cryptocurrency regulations. 
Additionally, the launch of over 700 copycat coins using the Trump name has created confusion and increased the risk of scams within the crypto community. 
Given these factors—extreme volatility, ethical dilemmas, and a proliferation of imitation coins—investors are strongly advised to approach $TRUMP coin with caution and consider avoiding it to mitigate potential financial and ethical risks.
Quiz:
1. What percentage of the $TRUMP coin supply is controlled by the Trump family?
2. By how much did the $TRUMP coin’s market value decrease shortly after its launch?
3. How many copycat coins using the Trump name have been launched, increasing the risk of scams?
4. What are the primary concerns associated with investing in the $TRUMP coin?
For a more in-depth analysis of the potential risks associated with $TRUMP coin, you may find the following video informative:
