#TrumpCoin trading volume exceeds $7 billion#

TrumpCoin's trading volume has exceeded $7 billion, sparking a heated discussion in the crypto community. The token, launched by former US President Donald Trump, surged 16,000% in just 12 hours after its release, reaching a market capitalization of $30 billion. While the token's rapid growth is impressive, many have expressed doubts about its real value and sustainability. Critics point out that 80% of the token's supply is controlled by the team, and a 1% tax is levied on every transaction, which could lead to price manipulation and value extraction. Moreover, some believe that the token's rapid growth is driven by hype and speculation, rather than fundamentals. Despite these concerns, the emergence of TrumpCoin suggests that the crypto community's interest in meme coins remains high, and investors are willing to jump on any opportunity for quick profits. However, investors should proceed with caution and carefully consider the risks, as the meme coin market is highly volatile and susceptible to scams.