Trump’s new meme coin tops $10 billion market cap as he returns to office

Launched on Friday, Trump's "meme coin", also known as $TRUMP, soared from less than $10 on Saturday morning to as high as $74.59 before giving up some of its huge rise on Monday.

Trump launched the digital token with branding including an image from his attempted assassination in July, expanding his cryptocurrency interests that already include World Liberty Financial.

Melania Trump launched her own coin, $MELANIA, on Sunday that rallied in price to take its market cap well beyond $1 billion.