Trump's post contains "$BIG", raising market speculation about his reissuing of meme coins

According to Trends News monitoring, Trump posted on Truth Social the day before, fiercely criticizing the judicial predicament faced by NCAA: a ruling by a judge with no knowledge or experience led to NCAA and sports leagues conceding, and Trump stated this would bring "$BIG trouble." As the "$" symbol typically represents tradable asset codes on social platforms, the community speculated that Trump might launch a meme coin.

Based on dynamics across various platforms, the token that garnered the most consensus following Trump's post was BIG, created on the Solana network through the Bonk platform, approximately 10 seconds after his post. As of the time of writing, this token has a total of 5,148 holders, with a peak market cap reaching $5.3 million, which has now retraced to $360,000.

ChainCatcher reminds users that meme coins often lack practical use cases and exhibit significant price volatility, so investment should be approached with caution.