Trump’s cryptocurrency sparks $6bn-frenzy

US President-elect Donald Trump unveiled his own cryptocurrency, $TRUMP, leading to a market frenzy. The coin’s market capitalization soared to nearly $6 billion within hours. Despite excitement, concerns about legitimacy emerged, but Trump confirmed its authenticity. 200 million coins were issued initially, with plans to release 800 million more.

​US President-elect Donald Trump unveiled his own cryptocurrency, $TRUMP, leading to a market frenzy. The coin’s market capitalization soared to nearly $6 billion within hours. Despite excitement, concerns about legitimacy emerged, but Trump confirmed its authenticity. 200 million coins were issued initially, with plans to release 800 million more.