Based on MetaEra, on December 8 (UTC+8), former U.S. President Donald Trump posted on Truth Social, criticizing the legal challenges faced by the NCAA and using the phrase '$BIG trouble'. The use of the '$' symbol led the community to speculate that Trump might be hinting at a new meme coin. Shortly after the post, a token named 'BIG' was created on the Solana network via the Bonk platform. At its peak, the token reached a market cap of $5.3 million, with 5,148 holders, though it has since dropped to $360,000. BlockBeats warns that meme coins often lack real-world use cases and are highly volatile.
Trump's Post Sparks Speculation Over New Meme Coin 'BIG'
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