That sale sent the company’s stock valuation soaring to an astronomical $350 billion valuation.

Already, there are people who have lost money on memecoins that gained huge valuations rapidly after launch and tanked immediately after, benefiting a small number of investors while everyone else loses.

His lawyers have argued, among other points of contention, that because Trumpov's asset valuations did not hurt his lenders, the attorney general's lawsuit went too far.

He got a respected expert in American historic documents, Seth Kaller, to assign a valuation of $36 million to the contracts, then immediately went on a spending spree with the investors’ money.

The algorithm plays out the possible moves to see the final outcomes of the different nodes and then selects the one that offers the best outcome based on a point valuation.