Bitcoin-friendly Donald Trump won was inaugurated in January as the 47th President of the United States of America. But ahead of being formally sworn in, the commander in chief dropped a meme coin.

Yes, you read that right. Running on the Solana network, the TRUMP token at one point had a market cap of $14 billion. It’s since plunged to $1.5 billion, but the move signaled the new President’s growing enthusiasm for the digital asset space after campaigning to help Bitcoiners and the fast-moving sphere as a whole.

Trump branded himself as a crypto-friendly candidate ahead of November’s divisive election, bringing in millions of dollars in cash and digital asset donations from Silicon Valley tech leaders. And then he won.

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