Trump Meme Coin Performance Likely Linked to His Popularity — Market Talk

Trump Meme Coin Performance Likely Linked to His Popularity — Market Talk

The performance of U.S. President Donald Trump's cryptocurrency meme coin will likely be linked to his popularity while in office, Hargreaves Lansdown analyst Susannah Streeter says in a note. This will be a wager on Trump's performance, particularly when it comes to his support of cryptocurrencies. That demonstrates just how risky such speculative assets are, she says. The Official Trump coin last trades up 5.5% at $41.62 and has a total market capitalization of $8.33 billion, according to CoinMarketCap. ([email protected])

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