Traders await more Trump-branded memecoins amid torrent of fakes
Memecoin traders struggle to sift signal from noise as dozens of imitators launch Trump-themed tokens.
Traders are on the lookout for more Trump-branded memecoins after President Donald Trump’s eponymous token briefly broke $80 billion in fully-diluted value (FDV) within a day of launching on Jan. 18.
Spotting the next official Trump coin means sifting through dozens of fakes.
So far, only one other token, Official Melania (MELANIA) — referencing First Lady Melania Trump — has been endorsed by the Trump family. It hit an FDV of roughly $14 billion before retracing to less than $6 billion as of Jan. 20, according to CoinMarketCap.
Go to Source
Author: Alex O’Donnell
