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The recent launch of the official TRUMP memecoin by U.S. President Donald Trump has led to a significant 206% increase in malicious tokens and decentralized applications (dApps) bearing his name. This surge indicates that scammers are exploiting the hype surrounding the TRUMP token to deceive investors. Consequently, the cryptocurrency market is experiencing heightened volatility, with Bitcoin's price dropping to $104,794.90, a 2% decrease from its recent all-time high of $109,114.88. This downturn reflects a broader market pullback, as the total cryptocurrency market capitalization has declined by 2.20% to $3.58 trillion. Investors are advised to exercise caution and conduct thorough research before engaging with new