{"id":821008,"date":"2025-01-19T05:11:38","date_gmt":"2025-01-19T11:11:38","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/19\/trump-coins-explosive-debut-a-300-surge-in-hours-shakes-the-crypto-world\/"},"modified":"2025-01-19T05:11:38","modified_gmt":"2025-01-19T11:11:38","slug":"trump-coins-explosive-debut-a-300-surge-in-hours-shakes-the-crypto-world","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/19\/trump-coins-explosive-debut-a-300-surge-in-hours-shakes-the-crypto-world\/","title":{"rendered":"$TRUMP coin\u2019s explosive debut: A 300% surge in hours shakes the crypto world"},"content":{"rendered":"

Home<\/a><\/span>Market News<\/a><\/span>$TRUMP coin\u2019s explosive debut: A 300% surge in hours shakes the crypto world<\/span><\/p>\n

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Built on the Solana network, the $TRUMP token has a total supply capped at 1 billion coins, with 200 million available initially. In less than three hours, the token\u2019s market cap soared to an eye-popping $8 billion.<\/h2>\n<\/p>\n
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\"ProfileBy Sheersh Kapoor <\/span><\/a>\u00a0<\/g><\/clipPath><\/defs><\/svg>\u00a0<\/a>January 18, 2025, 10:10:10 PM IST (Updated)<\/span><\/span><\/p>\n<\/div>\n

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\"$TRUMP<\/p>\n

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Donald Trump has once again captured global attention, this time with the launch of his $TRUMP meme coin. Announced just days before his second term as President of the United States, $TRUMP\u2019s market cap soared to an eye-popping $8 billion in less than three hours.<\/p>\n

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\nTrading volumes approached $1 billion, and the coin\u2019s value surged over 300% within minutes. By the time the dust settled, the price of $TRUMP had reached $7.1, up from an initial $0.18. As of 6:21 PM (IST), the coin was trading at $21.51, reflecting a remarkable 231.61% increase, as per CoinMarketCap data.<\/p>\n

\nBuilt on the Solana network, the $TRUMP token has a total supply capped at 1 billion coins, with 200 million available initially. The remaining supply will be released in phases over three years.<\/p>\n

\nOwnership is concentrated, with 80% of the tokens held by CIC Digital LLC, a Trump Organisation subsidiary, and Fight Fight Fight LLC, a newly formed Delaware-based company. The token is currently valued between $17 and $18 per coin, according to reports.<\/p>\n

\nTrump introduced the coin on social media platforms Truth Social and X (formerly Twitter), calling it his “official Trump meme” and urging followers to acquire tokens through the website gettrumpmemes.com before the 48-hour claiming window closes.<\/p>\n

\nThe coin draws inspiration from Trump\u2019s rallying slogan, \u201cFight, Fight, Fight,\u201d reportedly shouted after surviving an assassination attempt in July 2024.<\/p>\n

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My NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP<\/a> NOW. Go to https:\/\/t.co\/GX3ZxT5xyq<\/a> \u2014 Have Fun! pic.twitter.com\/flIKYyfBrC<\/a><\/p>\n

\n\u2014 Donald J. Trump (@realDonaldTrump) January 18, 2025<\/a><\/p><\/blockquote>\n

\nThe launch has sparked a frenzy on social media, with some users celebrating the move as a bold step into cryptocurrency, while others questioned its legitimacy. The official website denies any political ties, though the timing of the launch\u2014mere days before Trump\u2019s January 20 inauguration\u2014has fuelled speculation.<\/p>\n

\nScepticism around $TRUMP remains strong, particularly amidst concerns of recent account hacks on X and Trump\u2019s history of eccentric product ventures, including $100,000 watches and assassination attempt cologne. The project\u2019s credibility has also been called into question due to the concentration of ownership and the unusual marketing approach.<\/p>\n

\nDespite the controversy, trading volumes surged, and some early investors reported significant windfalls. One trader claimed a profit of $20 million within an hour of the coin\u2019s release.<\/p>\n

\nIn less than three hours, $TRUMP\u2019s market cap soared to an eye-popping $8 billion. Trading volumes approached $1 billion, and the coin\u2019s value surged over 300% within minutes. By the time the dust settled, the price of $TRUMP had reached $7.1, up from an initial $0.18.<\/p>\n

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Someone turned $883 into $310,000 in 21 mins by buying President Trump’s meme coin $TRUMP<\/a>. Wild stuff pic.twitter.com\/64roYNCeil<\/a><\/p>\n

\n\u2014 XRPHODL (@RetirementRight) January 18, 2025<\/a><\/p><\/blockquote>\n

\nTrump, who championed cryptocurrencies during his first term, has consistently positioned himself as a “crypto president.” Supporters see the $TRUMP token as a continuation of his pro-crypto stance, hinting that his upcoming term could bring further support for digital assets.<\/p>\n<\/div>\n

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First Published:\u00a0<\/p>\n

Jan 18, 2025 6:37 PM<\/p>\n

IST<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n

Read More<\/a>
\n Jeanice Schildgen<\/p>\n","protected":false},"excerpt":{"rendered":"

Home Market News $TRUMP coin\u2019s explosive debut: A 300% surge in hours shakes the crypto world Built on the Solana network, the $TRUMP token has a total supply capped at 1 billion coins, with 200 million available initially. In less than three hours, the token\u2019s market cap soared to an eye-popping $8 billion. By Sheersh<\/p>\n","protected":false},"author":1,"featured_media":821009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32482,4],"tags":[],"class_list":{"0":"post-821008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-coins","8":"category-trump"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/821008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=821008"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/821008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/821009"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=821008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=821008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=821008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

Company<\/th>\nValue<\/th>\nChange<\/th>\n%Change<\/th>\n<\/tr>\n<\/thead>\n