Donald Trump’s crypto meme coin hits $19 billion after just 3 days

A token that President-elect Donald Trump debuted on his social media accounts on Friday night has attracted billions of dollars of trading volume alongside concerns about conflicts of interest.

Trading under the “Trump” ticker on the Solana blockchain, the token’s price had rallied from mere cents on the dollar to as much as $US75.35, according to data from aggregator CoinMarketCap. As of mid-morning in New York, the token hovered around $US60 with a market value of more than $US12 billion ($19 billion).

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Bloomberg

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