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Donald Trump’s $TRUMP meme coin reaches a $14.5 billion market cap within hours of launch. Learn how it shook the crypto world!
$TRUMP Meme Coin: A Record-Breaking Launch
Donald Trump, the recently elected US President, launched his official meme coin, $TRUMP, on January 17 through his Truth Social account. The announcement caused a frenzy in the cryptocurrency market, with the token skyrocketing by 4,200% within two hours, hitting a $7.7 billion market cap.
Incredible Returns and Market Impact
One trader turned a $1.1 million investment into $23 million in under 90 seconds by purchasing 6 million $TRUMP coins. With a $14.5 billion market cap and $1 billion in trading volume, the token has solidified its presence as a major player in the crypto space.
The Crypto World Reacts
While $TRUMP’s explosive growth has sparked excitement, it has also raised concerns over potential account theft and FOMO-driven investments. Despite the debates, the token continues to dominate discussions across social media, with traders closely monitoring its trajectory.