TRUMP Meme Coin Surges 7% Following Strategic Investment

The TRUMP meme coin surged 7% after World Liberty Financial's strategic investment, sparking optimism among investors. WLFI's acquisition of a substantial position in the token has raised concerns about transparency and ethical implications. Critics have voiced reservations about the integrity of the partnership, citing potential legal challenges and insider trading. The regulatory landscape remains unsettled, with the SEC classifying the token as a non-security and the CFTC asserting jurisdiction as a commodity.