Trump Launches New ‘Meme Coin’ Posing Potential 10 Million Dollar Opportunity in 1 Hour Before Inauguration Ceremony
Former President Donald Trump is making headlines once again, this time with the launch of his new cryptocurrency and social media platform. The announcement came with a statement on Trump’s X and Truth Social accounts, declaring, “The new official Trump meme is here!”
The cryptocurrency in question, named TRUMP, saw a substantial increase in value of 92.5 percent in the last 24 hours, reaching $12.5 and boasting a market value of approximately $2.5 billion, according to Coinmarketcap data.
However, some social media users raised concerns that Trump’s account may have been hacked, questioning the authenticity of the announcement. Despite this, Trump’s post encouraged users to join his “very special Trump community” and enjoy the new platform.
On Trump’s website, it was revealed that the TRUMP coin was launched on the Solana network, with plans to increase the circulation from 200 million to 1 billion within three years. Reports in Western media suggest that the USA may establish a reserve of cryptocurrencies under Trump’s leadership, including US-based tokens like Solana and Ripple.
As the news of Trump’s latest ventures continues to circulate, the former president remains at the forefront of innovation and controversy in the digital world. With his foray into cryptocurrencies and social media, Trump proves once again to be a polarizing figure in the modern age.
