Krutika Adani
Trump's official memecoin ($TRUMP) had skyrocketed 1071% in a single day
The coin was launched just a couple of days before Trump's inauguration as the US President and hence got all the media attention it wanted.
After surging to $75, the coin cooled down to $60 at press time.
Several experts have warned against buying the memecoin due to extreme volatility and FOMO in the market.