The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that surged in value in the hours after going on sale, days before his inauguration.

Donald Trump’s new cryptocurrency has soared ahead of his inauguration. The $Trump token drew in billions in trading volume, giving it a market capitalization of about $12 billion.

Trump’s new project is known as a meme coin, a highly volatile sort of token that crypto enthusiasts can buy and sell tied to an online trend or personality. In this case, it’

Donald Trump's newly created cryptocurrency soared on Monday to more than $10 billion in market value, drawing in billions in trading volume, while bitcoin's price hit a record high hours ahead of the U.

In September, "TRUMP Watches" were launched, with Trump asking his supporters to spend at least $499 to join "President Trump's Watch Community." Newsweek has taken a look at Trum