• 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

3 months 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

Share

Other news

Liquidity Fragmentation in Crypto and How to Tackle It

Understanding liquidity fragmentation in crypto and new solutions for enhancing cross-chain interoperability.

user avatarGiorgi Kostiuk

5 minutes ago

WazirX Seeks Approval for Asset Recovery After $234M Hack

WazirX undergoes a restructuring process after a $234 million hack. The Singapore court is set to review the case on May 13.

user avatarGiorgi Kostiuk

6 minutes ago

XRP: Potential Breakout at $2.20 with Institutional Interest

XRP is attempting to reclaim its 50-day EMA at $2.198 with increased institutional interest following whale transactions.

user avatarGiorgi Kostiuk

7 minutes ago

Potential Meme Coins for Investment: Overview and Predictions

Analysts discuss five meme coins that could yield significant returns in the coming decade.

user avatarGiorgi Kostiuk

10 minutes ago

Crypto Compliance in India: New KYC Rules from FIU

India's FIU requires all crypto exchanges to update KYC data by June 30, 2025, highlighting efforts to regulate the sector.

user avatarGiorgi Kostiuk

10 minutes ago

Expert Predictions for XRP: Long-term Goals and Growth Stages

Analyst EGRAG Crypto presents a forecast for XRP, including potential growth up to $120.

user avatarGiorgi Kostiuk

12 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.