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

TRUMP Token Strengthens Solana's Position

user avatar

by Giorgi Kostiuk

a year ago

The recent launch of the TRUMP memecoin has triggered a significant boom in the Solana ecosystem, leading to increased interest and token prices.

Launch of TRUMP Token

The surprising launch of the TRUMP memecoin on the Solana blockchain sparked a wave of interest in the crypto community, significantly boosting the value of SOL tokens. The SOL trading volume surged from $3 billion to over $26 billion in a single day, contributing to a 46% weekly gain.

Impressive Rise of TRUMP

The price of the TRUMP token surged from just a few cents to $14 within hours of its launch, sparking rumors about its connection to Donald Trump or potential scam allegations. Despite this, excitement surrounding the token continued to grow, with its price rising to over $44 by Sunday, making it one of the top three memecoins by market value.

Creators Behind TRUMP Token

The TRUMP token was developed by a team involving key figures from the Solana ecosystem. Its launch was managed by CIC Digital LLC, associated with the Trump Organization, and Fight Fight Fight LLC, which together hold 80% of the tokens with a lock-up period of over three years. This new initiative has sparked renewed interest in the Solana blockchain.

The launch of the TRUMP memecoin has significantly impacted both the growth of Solana and the overall interest in its ecosystem, demonstrating its vibrancy and relevance.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Unverified Claims Surround Ralph Sosa's Goblin Story Release

chest

Reports about Ralph Sosa releasing a Goblin story for Lunar New Year lack verification and credible sources.

user avatarMaria Gutierrez

Emergence of Proof of Presence Protocols in the Global Economy

chest

A new standard for value is emerging through the integration of Augmented Reality and physical engagement, shifting the global economy towards Proof of Presence.

user avatarDavid Robinson

Introduction of Bitcoin Everlight to the Ecosystem

chest

Bitcoin Everlight is introduced as a lightweight transaction routing layer that enhances Bitcoin's transaction capabilities without altering its core protocol.

user avatarArif Mukhtar

Looking Ahead: Future Plans for NSDQ ETF COIN

chest

Kaloyan Iliev outlines future goals for NSDQ ETF COIN, including public trading launch, compliant exchange listings, and a peer-to-peer exchange feature to enhance investment options.

user avatarAndrew Smith

Cyprus Emerges as a Web3 Hub After Banking Crisis

chest

Cyprus has transformed into a preferred hub for Web3 startups and cryptocurrency businesses, developing a regulatory framework that attracts teams seeking stability.

user avatarSon Min-ho

Cyprus Banking Crisis Sparks Cryptocurrency Adoption

chest

In March 2013, Cyprus faced a severe banking crisis that led to the shutdown of banks and frozen accounts, causing a complete loss of trust in traditional banking systems. This crisis forced citizens to seek alternatives, leading to a significant shift towards cryptocurrency as a reliable means of financial control.

user avatarAyman Ben Youssef

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.