The post The Real Winners Behind The TRUMP Token Launch appeared on BitcoinEthereumNews.com.

The cryptocurrency world was turned upside down this past weekend by the surprise launch of the $TRUMP memecoin. What began as a quiet, almost suspiciously under-the-radar announcement evolved into one of the most talked-about events in the digital currency space. Here’s a closer look at the winners behind the $TRUMP token’s explosive debut. An Unexpected Friday Night Surprise At 9:44 PM ET on Friday, President Donald Trump announced the launch of the $TRUMP token on Solana. But was it really him? The sudden and unexpected announcement left many crypto enthusiasts questioning the legitimacy of the launch. There was no buildup, no press conference—just a cold Friday night release. – Advertisement – However, a corresponding post on Truth Social quickly confirmed that this was a legitimate move from the incoming president. With skepticism quickly turning to excitement, the market reacted—leading to one of the most explosive token launches in recent memory. But who truly reaped the rewards? Solana’s Moment in the Spotlight While the initial launch was chaotic, one thing became clear: Solana (SOL) was the short-term winner. During the $TRUMP token’s debut, Solana dominated decentralized exchange (DEX) volume, outpacing all other major blockchains combined. According to DeFiLlama data, Solana’s volume spike was astronomical, highlighting its crucial role in the $TRUMP launch. DEX Volume by Chain (Solana in Blue): DeFiLlama This activity wasn’t just on the charts—it had real-world effects on Solana’s price. From Friday to Sunday, Solana’s price surged by nearly 40%, reaching a high it hadn’t seen in months. According to Blockwork’s research,  Solana’s Real Economic Value (REV) reached an all-time high, proving that the $TRUMP token’s launch had a profound impact on the network’s performance. Solana Real Real Economic Value (REV): Blockworks Research President Donald Trump: The Long-Term Benefactor While Solana reaped the rewards of short-term gains, the…

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Filed under: News - @ January 21, 2025 7:25 pm