If launching a mainstream cryptocurrency wasn’t enough, Donald Trump has made another foray into alternative finance. It’s called $TRUMP and is known as a meme coin in fintech circles.
It works with the Solana network, a blockchain platform that enables products like Trump’s meme coin to work by providing the technology that makes it useful and purposeful.
Its launch was only yesterday but according to Coin Market Cap its market value is already over $5 billion. It’s invested in with real money but uses separate features to mainstream markets.