TRUMP Memecoin Launch Earns Crypto Traders Millions
TRUMP, a Solana-based memecoin introduced by President-elect Donald Trump, has reached a market cap of nearly $9 billion within hours of its launch. Traders have been able to reap profits in a matter of hours, with one individual transforming a $1.1 million investment into $70 million in under four hours. The project is legitimate and linked to Trump's NFT ventures, with CIC Digital LLC set to receive 80% of the total supply in six allocations. The launch of TRUMP has propelled Solana's decentralized exchange volumes to a record $12.9 billion within 24 hours.
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