Really not a fan of this, diminishes him in my eyes for doing it. Degen boomers used to scratch the itch by wasting their money at casinos, while millennials and zoomers are playing the hype with shitcoins. A lot of people will get burned and be left holding the bag of worthless 'assets' that aren't backed by anything nor have any intrinsic value or utility.
Market cap of over 5 billion within a day, with his family allegedly controlling what, over 80% of it? His net worth before this was like 6-7 billion? Launching this coin is probably going to end up being the most profitable venture he's ever undertaken.
Trump has bibles, NFTs, trading cards, Trump stock, Trump bucks, etc.
Trump is nothing but a conman and repubs just continue to fall for it.