$Trump is a memecoin, that is, a joke cryptocurrency created on the wave of hype around Donald Trump’s name. Unlike “serious” projects like Bitcoin or Ethereum, memecoins usually lack solid technology or practical value and thrive on community interest, speculation, and associations with famous people or trends.
In the case of $Trump, its popularity is fueled by Trump’s political image and the fact that he actively supports the crypto industry himself. There are rumors that the Trump family controls up to 80% of this token’s supply — which turns $Trump from a joke asset into another potential tool for influence and profit.
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