TRUMP Token Strengthens Solana's Position

user avatar

by Giorgi Kostiuk

2 years 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.

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

Justin Sun Prize Launched to Transform Scientific Research

chest

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

bdautomated Releases Verified AI Agent Statistics for 2026

chest

bdautomated releases a comprehensive dataset on AI agent statistics for 2026, tracing 75 widely quoted figures back to their original sources.

user avatarMaria Fernandez

Korea Blockchain Week 2026 Announces Key Sponsors and Speakers

chest

Korea Blockchain Week 2026 has unveiled its partner lineup, featuring major players in the digital asset industry, including Upbit, 0G, BRV, Stable, Tria, and BitGo. The event will take place in Seoul from September 29 to October 1, 2026, and will host key speakers discussing significant shifts in the digital asset industry.

user avatarGustavo Mendoza

Morgan Stanley's Bitcoin Accumulation Boosts Market Confidence

chest

Morgan Stanley has been actively accumulating Bitcoin through the ETF route, amassing approximately 622 million worth of the cryptocurrency this month.

user avatarRajesh Kumar

Microsoft Opens Public Feedback for AI Code of Conduct

chest

Microsoft is inviting public feedback on its draft Code of Conduct for AI models until late October, aiming to refine guidelines before finalizing them for 2027.

user avatarLuis Flores

Microsoft AI Releases Draft Code of Conduct for AI Models

chest

Microsoft AI has published a draft Code of Conduct outlining the expected behavior and limitations of its AI models, inviting public feedback for six weeks.

user avatarMiguel Rodriguez

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.