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Trump launches surprise meme coin just before inauguration, and its price soars

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Crypto

The move is the latest in a list of crypto-related businesses and products linked to Trump

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President-elect Donald Trump launched his own meme coin early Saturday, catching the crypto market by surprise ahead of his inauguration on Monday, and the coin’s market capitalization immediately soared.

The coin’s value surged within hours, and by Sunday night its price was more than $43, according to CoinMarketCap.

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