TMTPOST -- A new digital token introduced by President-elect Donald Trump has caused significant turbulence in the cryptocurrency market, attracting billions in trading volume while raising concerns over potential conflicts of interest. Trading under the “Trump” ticker on the Solana blockchain, the token saw its market value surge to $15 billion over the weekend, according to CoinMarketCap data, after Trump promoted it on his social media accounts on Friday. However, its market capitalization briefly dropped below $8 billion on Sunday after Trump’s wife, Melania, launched her own coin, sparking speculation-driven trading as investors sought to capitalize on the rapidly changing demand for meme-inspired tokens. Meanwhile, the broader cryptocurrency market struggled, with Bitcoin, the largest digital asset, experiencing a decline, and Ether, the second-largest token, seeing a sharper retreat. In contrast, Solana (SOL), the blockchain hosting Trump’s memecoin, bucked the trend and saw a rally.