Current Status and Analysis of Trump Coin ($TRUMP)
Recently, the US President-elect Donald Trump launched his personal cryptocurrency, Trump Coin ($TRUMP), which has attracted widespread attention and discussion in the market.
The launch of Trump Coin has caused a huge response in the cryptocurrency market. It is reported that the market value of $TRUMP has risen rapidly after its launch, reaching nearly $80 billion at its peak. However, as market sentiment changes, prices have also fluctuated sharply, reaching a high of $75.35 during the session, and then plummeted to $45.96, a drop of 40%. 
In addition, former First Lady Melania Trump also launched her personal cryptocurrency, Melania Coin ($MELANIA), which further attracted market attention
The issuance of Trump Coin marks a new trend in the cryptocurrency market. However, when investors participate in such investments, they should fully understand the risks and avoid blindly following the trend. As more public figures enter the cryptocurrency field, the importance of market supervision and investor education is becoming increasingly prominent.