BlockBeats News, January 19th, according to GMGN market information, meme coins named after key figures related to Trump have seen a surge, including:
Vice President Vance's namesake meme coin VANCE went live for 21 hours, with a market cap surpassing $11.7 million;
Musk's namesake meme coin ELON went live for 11 hours, with a market cap surpassing $139 million.
BlockBeats reminds users that the current market sentiment is high. Similar namesake meme coins have no practical use case, nor any confirmation from the individuals themselves. The prices are highly volatile, so investment should be cautious.