Donald Trump’s $TRUMP Coin Takes Over Crypto Market with $14.5 Billion Surge!
At Short
Donald Trump’s $TRUMP meme coin has caused a stir in the cryptocurrency world, reaching a jaw-dropping market cap of $14.5 billion within hours of its launch. The coin’s rapid rise in value has sparked both excitement and scepticism. Despite concerns over its concentrated ownership and political associations, the launch has resulted in significant profits for early investors. This bold move marks Trump’s continued interest in the crypto space, ..
On 17 January 2025, Donald Trump launched his $TRUMP meme coin, and within hours, it took the cryptocurrency world by storm. The coin, built on the Solana network, saw an astonishing surge in value, with its market cap reaching a staggering $14.5 billion within just a couple of hours of its debut. Initially priced at $0.18, the coin’s value shot up to $7.1 before stabilising at $21.51 , marking an incredible 231.61% increase, according to CoinMarketCap data.
“My NEW Official Trump Meme is HERE!”
Trump’s introduction of the $TRUMP token was made through his Truth Social platform, where he announced: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING!” The announcement quickly gained traction, with Trump urging followers to grab tokens via the official website, gettrumpmemes.com, before the 48-hour claiming window closed. Donald Trump’s $TRUMP memecoin launch on Solana has taken the crypto world by storm, becoming the hottest topic on several social media platforms. In just two hours of its launch, the coin surged over 4,200%, reaching a jaw-dropping $7.7 billion market cap.The sudden launch, combined with its massive growth, has sparked debates, confusion, and FOMO across social media.