The memecoin was called Official Trump and its ticker is TRUMP.
Centralized exchanges, such as Bybit, KuCoin and MEXC, have already listed Trump’s memecoin.
Donald Trump, president-elect of the United States who will assume his second term this Monday, January 20, announced the launch of his memecoin Official Trump (TRUMP), the first memecoin launched by an elected president.
With a rise of 220% in 24 hours, the fastest rise in the history of memecoins, it became the fourth memecoin with the highest market capitalization, reaching a figure of almost 4.3 billion dollarsaccording to CoinMarketCap.
The Trump token, issued through the platform Meteora memecoin mintingbased on the Solana (SOL) network, is currently trading at over $24.
Where is it possible to buy Trump’s memecoin?
Donald Trump announced the launch of his memecoin in a publishing on platformwhere he also reported that users can purchase the token on the DeFi platform for memecoin trading, Moonshot. To acquire TRUMP there, it will be necessary to do so with the stablecoin USDC via the Solana network.
Shortly after, Moonshot ranked first among the free apps in the Apple App Store for the United States, and in the 9th place among all applications in the app store.
Wintermute, also announced that TRUMP is available on your OTC Desk. Additionally, some exchanges centralized companies have already listed Donald Trump’s memecoin. Among them, Bybit, KuCoin and MEXC.
A user multiplied his investment in TRUMP by 100
The analysis firm on-chainLookOnChain, tracked the movements of a user who bought the memecoin of Donald Trump worth 1.1 million dollars and in four hours he turned them into profits of 70 million dollars.
According to the Lookonchain datathis user made a partial sale that netted him almost 4 million dollars and would still maintain 4.62 million TRUMP in its holdings, equivalent at this time to 110 million dollars.
