Donald Trump's New Memecoin on Solana Causes a Stir in the Market

user avatar

by Giorgi Kostiuk

2 years ago

Donald Trump has made waves in the crypto world by launching the Trump memecoin on Solana. This event has stirred excitement among traders and investors. Let's explore how this new memecoin is rewriting the playbook.

The Trump Memecoin Debut

The launch of Trump’s memecoin coincided with the buzz surrounding his upcoming inauguration, further increasing interest in the new asset. Announced by Donald Trump himself on X, it immediately captured the attention of crypto enthusiasts. Within hours, the token reached a remarkable $8 billion market cap. Initially priced at $0.7, the coin soared to trading highs of $21.7. Early investors gained significant profits.

The Solana Connection

Solana's speed and low transaction costs provided the perfect foundation for the Trump memecoin. Within a day, the coin's value surged by 3000%, making it one of the fastest-rising tokens in crypto history. The growing popularity of Solana combined with Trump's branding power created an explosive mix.

Hyperliquid Joins the Hype

Hyperliquid announced the listing of the Trump memecoin with a perpetual contract offering 3x leverage, providing traders with more tools to speculate on price volatility. The platform’s own token, HYPE, also benefited from the buzz around TRUMP, solidifying Hyperliquid's position as a leader in the DeFi space.

As Donald Trump's inauguration approaches, the buzz and interest surrounding the new memecoin continue to grow. Traders are expecting further volatility, and if demand persists, it could reach even greater heights and secure its position among the crypto elite.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Binance Expands into Traditional Finance as Mining Pool Closes

As Binance prepares to shut down its mining pool, the exchange is expanding into traditional finance by providing access to over 7,000 US stocks and ETFs for customers outside the United States.

user avatarMiguel Rodriguez

Binance Announces Closure of Mining Pool Services

Binance has announced the closure of its mining pool and related services effective November 10, 2026.

user avatarLuis Flores

AI Researchers Light Up Cigarettes to Signal Confidence in AI's Cancer Cure Potential

AI researchers are smoking cigarettes to signal their confidence in AI's potential to cure cancer.

user avatarArif Mukhtar

Sony's Plan to Discontinue Physical Game Discs Faces Major Backlash

Sony's announcement to stop producing physical game discs by 2028 has led to significant backlash from the gaming community.

user avatarMaria Gutierrez

Vibe Coders Successfully Port PS5 Games to PC with AnyPS5 Project

Vibe coders are making significant strides in porting PlayStation 5 applications to Windows and Linux through their open-source project, AnyPS5, which aims to convert PS5 game executables into programs that can run natively on PCs.

user avatarDavid Robinson

TRON DAO Reports Significant Growth in Q3 2026

TRON DAO highlights significant growth in transaction volume and network activity in its Q3 2026 ecosystem report.

user avatarAndrew Smith

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.