The recent launch of memecoins like $Trump and $Melania Token has created significant excitement in the token market. Since its debut on January 17, the TRUMP token has achieved a market value of $15 billion, reflecting investors' enthusiasm for these tokens.
Despite this optimism, the rise of memecoins also brings potential risks of fraud. To address these concerns, trusted wallets such as Bitget Wallet are designed to safeguard investors' interests. A Chain Analysis Report has highlighted the importance of secure crypto storage solutions in mitigating fraudulent activities within the volatile memecoin space.