• 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

Hamster Kombat Daily Cipher: A Unique 24-Hour Puzzle Game

chest

The Hamster Kombat Daily Cipher is a 24-hour puzzle game where players decipher Morse code messages to earn chips and bonuses.

user avatarSon Min-ho

Hamster Kombat Daily Cipher Draws Thousands with Morse Code Puzzles.

chest

The Hamster Kombat Daily Cipher has become a popular event in the P2E gaming community, attracting thousands of users daily to decode Morse code messages for prizes and HMSTR tokens.

user avatarZainab Kamara

Rumors of HBO and Netflix Merger Surface Without Confirmation

chest

Rumors suggest a potential merger between HBO and Netflix, similar to Disney's Hulu plan, but lack official confirmation.

user avatarJacob Williams

LivLive Emerges as Top New Crypto for 2025

chest

LivLive emerges as the top new crypto for 2025, raising over $218 million in its presale and outpacing competitors with its innovative approach.

user avatarAyman Ben Youssef

LivLive's Innovative Features Drive Adoption

chest

LivLive is setting itself apart in the crypto space with its innovative features that drive user adoption.

user avatarKofi Adjeman

Moscow to Host Blockchain Forum 2026

chest

Moscow will host the Blockchain Forum 2026, uniting the CIS and global crypto markets.

user avatarTando Nkube

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.