- $TRUMP’s launch saw a 300% price surge, hitting $7.1, thanks to strong backing from JupiterExchange and MeteoraAG.
- The viral success of $TRUMP, inspired by Trump’s rallying cry, helped it reach a market cap of $8 billion within hours.
- Backed by CIC Digital LLC and Fight Fight Fight LLC, $TRUMP’s launch capitalized on strategic connections to The Trump Organization.
In one of the biggest crypto launches in history, the $TRUMP token achieved success. The launch, made possible by close collaboration between JupiterExchange and MeteoraAG, demonstrated world-class execution.
Jupiter’s seamless integration ensured an exceptional trading experience not only on its platform but across the entire ecosystem, including key apps like moonshot. The $TRUMP launch used the same LFG stack that powered the launch of JUP, featuring the DLMM pool and tight Jupiter integration. This strong teamwork set the stage for one of the most successful crypto events to date.
Unprecedented Success and Market Surge
Within hours of its release, $TRUMP’s market cap soared to an astonishing $8 billion. Trading volumes quickly approached $1 billion. This meteoric rise saw the coin’s value surge by more than 300%, hitting a peak of $7.1, up from an initial $0.18. The success of the launch left many traders in awe, with one individual reportedly making a $20 million profit in under an hour.
This incredible surge is largely attributed to $TRUMP’s unique appeal. Developed in response to a claimed assassination attempt during a campaign event in Pennsylvania in July 2024, the token was inspired by the slogan “Fight, Fight, Fight,” which was used by former U.S. President Donald Trump. The token’s popularity was further boosted by its viral introduction, which attracted thousands of traders hoping to profit from its quick gains.
Strategic Tokenomics and Backing
The $TRUMP meme coin debuted with 200 million tokens, with a total supply of 1 billion set for gradual release over the next three years. Notably, 80% of the token supply is controlled by CIC Digital LLC and Fight Fight Fight LLC. These two entities are linked to The Trump Organization and were registered just days before the coin’s launch in Delaware. This strategic backing undoubtedly helped give $TRUMP the attention and credibility it needed to attract investors and traders.
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