The memecoin trenches were buzzing on Friday night as traders piled into TRUMP, a new memecoin purportedly launched by U.S. President-elect Donald Trump. Promoted by Trump’s X and Truth Social accounts, the token is currently trading at a fully diluted valuation north of $20 billion, making it the second-most valuable memecoin behind DOGE by that metric. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io