Crypto markets have been rocked by the launch of an "official" Donald Trump memecoin this weekend—with traders braced for more mayhem this coming week.
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The price of the "official" Trump memecoin has surged since its Friday evening launch, breaking into the crypto top 20 by market capitalization and hitting an eye-watering $14 billion.
Now, as leaks reveal Trump is readying a flurry of crypto-focused executive orders, Trump's wife Melania has launched her own rival cryptocurrency—tanking the price of Trump's coin.
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