The Trump coin saw it's peak for next two to three days of it's launch and since then its going down. Those who bought it at initial price of launch and sold it when it was over 50$ have no doubt made a fortune. While those who entered the market when price was over 50$ are struck and we don't know when they will be able to get there money back.
Meme coins are like gambling and in gambling, the winner is the one who knows when to stop (exit). There are no fundamentals associated with meme coins and you need to be quick in deciding when to enter and exit.
All I believe about the Trump memecoin is that it was launched for the purpose of making some money back from the system after much was spent in campaigns. It was said by an NYTimes publication that Trump Campaign and the Republicans raised a sum of 1.2 billion dollars and an additional 800+ million dollars from his main super PACs. Let's just say about 2 billion dollars was spent in his campaign, becoming the largest of Trump's campaign expenses thus far. I know a substantial amount of this money was raised on bilateral agreements and loans from friends and other allies. To repay some of this commitments was the reason the memecoin was launched in my own opinion and that's why it was pumped within hours and was able to make a quick surge, hitting a peak of over 14.5 billion dollars within the few days of the launch.