Trump's post contains "$BIG", the market questions whether he will issue meme coins again

On December 8, according to Trends News monitoring, Trump posted on Truth Social the day before, fiercely criticizing the judicial predicament faced by NCAA (National Collegiate Athletic Association): a ruling by a judge with no knowledge or experience led to NCAA and sports leagues conceding, with Trump stating that this will bring "$BIG trouble". Since the "$" symbol typically represents tradeable asset codes on social platforms, the community speculates that Trump may issue meme coins again.

Based on developments across various platforms, the token that garnered the highest 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 5148 holders, with a peak market value of 5.3 million dollars, which has now retraced to 360 thousand dollars.

BlockBeats reminds users that meme coins generally have no practical use case and are subject to significant price volatility, so investments should be made with caution.