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The $Trump memecoin is reaping billions – but like the man himself, it’s extremely volatile

  • Written by The Conversation

Freshly elected US president Donald Trump has exercised his usual degree of modesty and named his newly launched cryptocurrency or memecoin, $Trump.

And like the man himself, the coin’s price is extraordinarily volatile. The price ran up to US$75, fell below $60, went back to $75, fell below $40, then rose back to $60 and had fallen to $31...

Read more: The $Trump memecoin is reaping billions – but like the man himself, it’s extremely volatile

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