#The Trump family launches its own cryptocurrency, with a market capitalization exceeding $10 billion.#

The Trump family's cryptocurrency ventures have garnered significant attention, with their meme coin, Trump, experiencing a meteoric rise upon launch, reaching a market capitalization exceeding $10 billion. However, as the Trump family continued to introduce new meme coins, such as Melania Trump's Melania, market chaos ensued, leading to a substantial decline in Trump's price and a multi-billion dollar evaporation of its market value. Analysts suggest that the Trump family's series of actions may constitute a "pump and dump" scheme, where new coins are continuously released to attract investors, followed by a sell-off at inflated prices to profit. Furthermore, the Trump family's level of control over the meme coins has also raised questions, particularly with Melania's creator wallet lacking multi-signature capabilities, a departure from Trump's release methodology. Overall, the Trump family's cryptocurrency endeavors reflect the prevalent speculation and bubble phenomena within the cryptocurrency market, prompting concerns regarding the security of meme coins and regulatory issues.