- President-elect Donald Trump announced the launch of the meme coin 'TRUMP', stating it is based on Solana (SOL).
- The TRUMP coin has surged approximately 1450% from its initial price, trading at around $2.9 after launch.
- The market capitalization of TRUMP is recorded at $2.6 billion, drawing significant attention.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
President-elect Donald Trump announced the launch of the meme coin 'TRUMP' on the 17th (local time). However, there are also concerns about the possibility of account hijacking.
On this day, Trump stated on his social media 'Truth Social', "I introduce my official meme coin 'TRUMP'. It can be purchased through the homepage."
According to the information introduced on the homepage, TRUMP is built on Solana (SOL). The initial issuance is 200 million, with a total of 1 billion TRUMP to be issued over three years.
TRUMP has shown a tremendous surge, touching $3.7 during the launch. Currently, TRUMP is trading at around $2.9, a 1450% increase from the initial price of $0.18. Its market capitalization amounts to $2.6 billion.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀PiCK News
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