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Donald Trump's New TRUMP Memecoin Takes Over Solana Blockchain

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by Giorgi Kostiuk

a year ago

Donald Trump launched his TRUMP memecoin on Solana today, quickly achieving a $13 billion market cap. Here's how this development impacted the crypto market.

Donald Trump's Memecoin Launch

Donald Trump launched his memecoin on the Solana platform, announcing it on his Truth Social account. This announcement led to massive investments in TRUMP and significant market speculation.

Traders Profit from TRUMP

Traders took advantage of the TRUMP memecoin launch to make profits. According to Lookonchain analytics, one trader made $20 million in just an hour by buying 5.97 million TRUMP for $1.1 million USDC.

TRUMP Achieves Record Market Cap

The TRUMP memecoin quickly reached a $13 billion market cap just hours after its launch, marking a first for a Solana-based memecoin.

With the launch of TRUMP on Solana, interest in cryptocurrencies continues to grow. TRUMP may soon become one of the leading memecoins in the market.

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