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The memecoin was known as Official Trump and its ticker is TRUMP.
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Centralized exchanges, equivalent to Bybit, KuCoin and MEXC, have already listed Trump’s memecoin.
Donald Trump, president-elect of the USA who will assume his second time period this Monday, January 20, introduced the launch of his memecoin Official Trump (TRUMP), the primary memecoin launched by an elected president.
With an increase of 349% in 24 hours, the quickest rise within the historical past of memecoins, it turned the fourth memecoin with the best market capitalization, reaching a determine of nearly 5.9 billion {dollars}conforme a CoinMarketCap.
The Trump token, issued by way of the Solana (SOL) network-based memecoin minting platform Meteora, is presently buying and selling at over $29.
The place is it doable to purchase Trump’s memecoin?
Donald Trump introduced the launch of his memecoin in a publication on platform token on the DeFi platform for memecoin buying and selling, Moonshot. To amass TRUMP there, it is going to be needed to take action with the stablecoin USDC by way of the Solana community.
Shortly after, Moonshot ranked first amongst free apps within the Apple App Retailer for the USA, and ninth amongst all apps within the App Retailer.
Wintermute additionally introduced that TRUMP is accessible on its OTC Desk. Moreover, some exchanges centralized corporations have already listed Donald Trump’s memecoin. Amongst them, Bybit, KuCoin and MEXC.
A consumer multiplied his funding in TRUMP by 100
The evaluation agency on-chainLookOnChain, tracked the actions of a consumer who purchased the memecoin of Donald Trump price 1.1 million {dollars} and in 4 hours he turned them into earnings of 70 million {dollars}.
In keeping with Lookonchain knowledge, this consumer made a partial sale that netted him nearly $4 million. and would nonetheless preserve 4.62 million TRUMP in its holdings, equal at the moment to 110 million {dollars}.