On January 17, Friday night, President-elect Donald Trump unveiled his own cryptocurrency, and by Sunday morning, it had already accrued over $50 billion in value on paper, benefiting both Trump and his companies.
Why it matters: The unexpected launch of $TRUMP shook the cryptocurrency industry, highlighting both Trump's significant influence and the growing prominence of cryptocurrency within his administration.
Read more » Donald Trump launches own Cryptocurrency Meme Coin $TRUMP
