Traders eagerly watch for new Trump-branded memecoins following the surge of his TRUMP token in the crypto market.
Success and Fall of Trump Memecoins
On January 18, the TRUMP token reached a remarkable $80 billion value, yet various unofficial tokens emerged in the market. Another acknowledged family token, MELANIA, also climbed high before dropping to under $6 billion by January 20.
Fake Tokens and Their Impact
Despite successful projects, many fake tokens leveraged Trump's name for value gains. The unofficial BARRON token hit $400 million before its price crashed over 90%. Imitations were even transferred to the CIC Digital LLC wallet, though their value remains unverified.
Future Projects and Rumors
Numerous rumors surround new Trump family memecoins. Even though Eric Trump dismissed a potential 'USA coin', crypto influencers still discuss potential projects around Barron and Eric Trump. Official confirmations remain unavailable.
The emergence and growth of Trump-linked memecoins highlight the crypto market's dynamics. Despite financial potential, traders must exercise caution due to the prevalence of fakes.
