BlockBeats news, on December 8, according to Trends News monitoring, Trump posted on Truth Social the day before, fiercely criticizing the judicial predicament faced by U.S. college sports (NCAA): a judge with no knowledge or experience made a ruling that led the NCAA and sports leagues to concede. Trump stated this would bring “$BIG trouble.” Since the “$” symbol typically represents a tradable asset code on social platforms, the community speculated that Trump might launch another meme coin. Based on activity across various platforms, the token that gained the most consensus after Trump’s post was BIG, created about 10 seconds after his post on the Solana network through the Bonk platform. As of press time, the token has 5,148 holders, with a peak market cap of $5.3 million, currently retraced to $360,000. BlockBeats reminds users that most meme coins have no real use case, their prices are highly volatile, and investments should be made with caution.
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Trump's post contains "$BIG," raising market concerns about him launching another meme coin.
BlockBeats news, on December 8, according to Trends News monitoring, Trump posted on Truth Social the day before, fiercely criticizing the judicial predicament faced by U.S. college sports (NCAA): a judge with no knowledge or experience made a ruling that led the NCAA and sports leagues to concede. Trump stated this would bring “$BIG trouble.” Since the “$” symbol typically represents a tradable asset code on social platforms, the community speculated that Trump might launch another meme coin. Based on activity across various platforms, the token that gained the most consensus after Trump’s post was BIG, created about 10 seconds after his post on the Solana network through the Bonk platform. As of press time, the token has 5,148 holders, with a peak market cap of $5.3 million, currently retraced to $360,000. BlockBeats reminds users that most meme coins have no real use case, their prices are highly volatile, and investments should be made with caution.