• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Donald Trump's Meme Coin: Capitalization Surge and Legitimacy Questions

user avatar

by Giorgi Kostiuk

a year ago


As the inauguration of Donald Trump approaches, the crypto community is abuzz with the launch of a new meme coin linked to the president. A dramatic rise in its market capitalization has raised both interest and doubts about the project's legitimacy.

Launch of Meme Coin Ahead of Inauguration

Recently, a new meme coin, associated with Donald Trump, was launched on the Solana blockchain. In just the first few hours, its market cap reached $10 billion. However, skepticism surrounds this information, with concerns over potential compromise of Trump's official social media accounts.

Doubts and Community Reaction

As of now, there is no official confirmation about the coin's legitimacy. Although major accounts and news sources suggest it might be real, it remains unverified through official channels. Trump's social media posts have fueled doubts, with some speculating about possible hacking.

“The incoming President of the United States just launched a meme coin days before his inauguration. The market cap is almost $8 billion in less than 3 hours, which nearly doubles Trump’s net worth. Financial markets are not ready for what is ahead — buckle up.”Anthony Pompliano

Debates on Impact and Implications

The emergence of this meme coin has sparked discussions in the community, especially as inauguration day nears. Some supporters argue this could be the start of a new era for cryptocurrency, with Trump's involvement signaling mainstream acceptance. However, critics warn that launching a meme coin by a sitting president might be a risky move, questioning its impact on cryptocurrencies' legitimacy.

“Bro if this $TRUMP coin is real, wtf are his advisors doing. No video, no confirmation or proof it's real, just a social media post.”JRNY Crypto

The launch of the meme coin claiming association with Donald Trump has been a significant event in the crypto world. While official validations are lacking, the interest and discussions continue unabated.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Need for Self-Regulation in Crypto Industry

chest

The blockchain industry is urged to adopt self-regulation based on measurable risk metrics to improve project viability.

user avatarEmily Carter

The Reality of Crypto Regulation and Compliance

chest

Despite regulatory compliance, crypto projects can fail due to operational failures and technical incompetence.

user avatarTomas Novak

Dropee Introduces Daily Trivia Game to Enhance User Engagement.

chest

Dropee has launched a daily trivia game called 'Question of the Day' to boost user engagement, starting December 5, 2025.

user avatarMaya Lundqvist

SUI Price Climbs 9% Amid Bullish Market Sentiment

chest

SUI price increased from 157.46 to 167.00, marking a significant gain over the past week.

user avatarKaterina Papadopoulou

AltPlus to Enhance Digital Asset Operations and Web3 Development

chest

AltPlus outlines plans to integrate blockchain infrastructure into its business, focusing on Web3 functionality and digital asset utilities.

user avatarLeo van der Veen

Strategic Interior Paint Refresh for High ROI

chest

Targeted interior painting can provide a documented ROI of up to 107, enhancing the perceived value of a home.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.