However, since the SPAC's launch, DWAC has become a meme stock, trading more on speculation ... it's likely the SPAC's shares will be very volatile until Trump's "big announcement." ...

Britannica Money identifies meme stocks as those that: Are influenced heavily by social media Have highly volatile stock prices Have trading volumes that fluctuate quickly Have substantial ...

And like the man himself, the coin’s price is extraordinarily volatile. The price ran up to ... the dog breed featured on the Doge internet meme), Pepe (named after a cartoon frog), Bonk ...