In a notable development, just days before his inauguration, U.S. President-elect Donald Trump announced the launch of his “official” meme coin, TRUMP ($38.96), on social platforms X and Truth Social. 

Within hours of its debut, the cryptocurrency took the market by storm, recording a fully diluted valuation (FDV) of $16 billion in under 6 hours. This remarkable surge also drove the token’s market ca...