Donald Trump’s $TRUMP meme coin created a frenzy, leading to 700+ copycat cryptos.

The coin’s popularity drew massive attention from investors, driving others to launch similar tokens.

Platforms like Solana made it easy to create meme coins, fueling the rapid rise of copycats.

Meme coins thrive on speculation and community engagement, not necessarily on utility or value.

Trump’s celebrity status gave $TRUMP massive visibility, inspiring others to use famous names.

The evolving U.S. regulatory environment hinted at more support for crypto, encouraging new projects.

Speculation, celebrity power, and easy tech led to an explosion of meme coins