Last month, the TRUMP meme coin and another coin linked to Melania Trump became instant sensations, quickly hitting multi-billion-dollar valuations hours after debuting. However, the excitement faded as TRUMP coin's price plummeted over 80% from its peak, causing significant losses for many buyers. This has drawn scrutiny from regulators and finance officials.

TRUMP0.67%
MEME-2.47%
MELANIA-1.1%
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