💨 Abstract

During his second term, President Donald Trump launched a memecoin, $TRUMP, which surged to over $10 billion in market value. The coin was launched at the first-ever Crypto Ball in Washington D.C. amid promises by Trump to usher in a "golden age" for cryptocurrencies. The new coin expanded his cryptocurrency interests beyond World Liberty Financial, another crypto project connected to him.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖