Trump's wealth surged by over $50 billion overnight with $TRUMP! Is the celebrity coin trend coming?

The incoming U.S. President Trump's official meme coin $TRUMP has skyrocketed after its launch, with a staggering Fully Diluted Valuation (FDV) of 582 billion USD, resulting in Trump's net worth increasing by over 50 billion USD overnight. This move may lead to more celebrities attempting to issue their own meme coins. Notably, Trump's meme coin $TRUMP has seen an unprecedented rise, reaching a FDV of 582 billion USD. It is estimated that if public figures follow Trump's trend, utilizing TRUMP as an issuanceToken in a Liquidity pool trading pair, they are likely to gain widespread benefits in a short period. However, due to the high volatility and risk associated with such 'printing machines' driven by community sentiment and trending topics, investors need to carefully evaluate these opportunities. Some industry insiders in the crypto world have started to criticize Trump's official meme coin, likening it to a Pump and Dump scheme. Tether CEO: Does Trump support USDT further development in the U.S.? BTC surges to $102,000! Bloomberg: Trump's first day in office will issue a presidential order to prioritize 'Cryptocurrency' as a national agenda. New York Post: Trump's administration will prioritize support for U.S. companies such as Solana and Ripple, ending the 4-year crackdown. 'Trump's net worth quintuples overnight to over 50 billion USD! A wave of celebrity coin issuance is coming?' This article was first published by BlockTempo, the most influential blockchain news media in the crypto world.