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...