Trump launches cryptocurrency coin

The articles report on the launch of a meme coin called "$Trump" by Donald Trump. The coin was created by CIC Digital LLC, an affiliate of the Trump Organization, and features an image of Trump inspired by the July assassination attempt in Butler, Pennsylvania. The coin is classified as a "meme coin," a type of cryptocurrency inspired by internet memes with no inherent utility. However, another article reports that a similar "meme coin" called the "$Hawk Tuah girl" dropped 95% shortly after its release last month, indicating that the market for meme coins may be highly volatile.