19.01.2025 17:00
The "OFFICIAL TRUMP" ($TRUMP) memecoin launched on Solana quickly reached a trading volume of $10 billion, surpassing Donald Trump's net worth. This token, which is breaking new ground in the crypto market, has increased the appeal of the Solana network.
A surprising development occurred in the crypto markets as the meme coin "OFFICIAL TRUMP" ($TRUMP) made a significant leap, increasing Donald Trump's net worth fivefold. Launched on the Solana Blockchain, this new token broke all-time records with a trading volume of $10 billion within 24 hours. Investors and market observers are eagerly following the effects of this rapid rise and its potential for the future.
Trump Has Launched a New Era in the Crypto World
The meme coin "OFFICIAL TRUMP" ($TRUMP), which has initiated a new wave in the cryptocurrency world, has made a significant impact on digital asset markets with its rise on the Solana Blockchain network. Launched on January 18, 2025, the token achieved a remarkable success by exceeding $21.05 billion in trading volume within the first 24 hours.
The token, announced by former U.S. President Donald Trump on the Truth Social and X platforms, reached a market value of $8 billion just three hours after its launch, placing it in the top 30 of the cryptocurrency rankings. According to current data, TRUMP has experienced a 240% increase in value, with its current market value hovering around $5.7 billion, while its fully diluted value has reached $28.5 billion.
The dazzling rise of the token has created a domino effect within the Solana ecosystem. SOL surged to $270 due to these developments, setting a record and reaching an all-time high of 0.081 against Ether. However, concerns about the legitimacy of the project are not absent. In particular, there are questions regarding the concentration of 80% of the tokens in a single wallet and the security of social media accounts. Lastly, this cryptocurrency, listed by many exchanges, reached a peak price of $75.35, and the $TRUMP cryptocurrency is currently trading at $70.47.