Donald Trump launched $TRUMP meme coin days earlier than his second time period as President of the USA, $TRUMP’s market cap soared to an eye-popping $8 billion in lower than three hours.
Buying and selling volumes approached $1 billion, and the coin’s worth surged over 300% inside minutes. By the point the mud settled, the value of $TRUMP had reached $7.1, up from an preliminary $0.18. As of 6:21 PM (IST), the coin was buying and selling at $21.51, reflecting a exceptional 231.61% enhance, as per CoinMarketCap knowledge.
In a put up on X, Trump launched the coin as his “official Trump meme.” The coin is impressed by Trump’s iconic “Battle, Battle, Battle” slogan, which he coined after surviving an assassination try at a marketing campaign rally.
“My NEW Official Trump Meme is HERE!”
Trump’s introduction of the $TRUMP token was made by means of his Fact Social platform, the place he introduced: “My NEW Official Trump Meme is HERE! It is time to rejoice every little thing we stand for: WINNING!” The announcement rapidly gained traction, with Trump urging followers to seize tokens through the official web site, gettrumpmemes.com, earlier than the 48-hour claiming window closed.
Donald Trump’s $TRUMP memecoin launch on Solana has taken the crypto world by storm, changing into the most well liked matter on a number of social media platforms. In simply two hours of its launch, the coin surged over 4,200%, reaching a jaw-dropping $7.7 billion market cap.The sudden launch, mixed with its large development, has sparked debates, confusion, and FOMO throughout social media.
In response to the web site linked within the X put up, “$TRUMP are actually freely tradeable on the blockchain.” The meme is thus possible linked to a meme coin, however there may be nothing official acknowledged.
The web site claimed that the picture on the meme exhibits Trump’s energy and braveness after dealing with “demise” within the assassination try throughout election campaigning. “On July 13, 2024, President Trump confronted demise and got here up combating! Along with his fist within the air and the long-lasting battle cry FIGHT FIGHT FIGHT, President Trump confirmed the world what a LEADER is manufactured from. His energy and braveness ignited a motion changing into essentially the most memorable meme of the century. Now, you may get your piece of historical past. This Trump Meme celebrates a pacesetter who doesn’t again down, irrespective of the percentages. Be a part of the Trump Neighborhood – we’re all about combating for what issues,” the location states.
