The president-elect of the world's largest economy, Donald Trump, has announced the launch of his own meme coin called Trump Community. Despite initial skepticism, it appears that the project is legitimate, as the meme coin's website resembles those made for Trump's official NFT collections in the past. The circulating supply is currently 200 million but could potentially reach a billion within the next three years. The project is seeing significant gains, with its market cap soaring to over $4 billion. This development comes as other meme coins based on Trump's presidential campaign and upcoming presidency experience a massive retracement.



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