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TRUMP Memecoin became a sensation soon after its launch on January 17, 2025. President-elect Donald Trump shared the token launch news on his social media platforms, fueling its price rally. Many early traders made heavy returns on their investments in the token, as the TRUMP price skyrocketed 3000% within 20 hours. Interestingly, a similar response was around the Pepe Coin launch, creating a buzz in the entire meme coin market. TRUMP Becomes 4th Biggest Memecoin Within A Day The attribution of the Solana launch to TRUMP alone brought enough attention, but the soon-to-be president’s announcement on Truth and X increased its hype to the next level. Many analysts and investors promoted the token further, calling it the next big thing. As a result, the TRUMP crypto coin price surged more than 3000%, jumping from $0.7 to $21.7 within 20 hours. It is now the fourth biggest meme-themed cryptocurrency after Dogecoin, Shiba Inu, and PEPE. This trending Solana meme coin currently trades at $21.7 after hitting an ATH of $24.50 earlier. Additionally, it has achieved a market capitalization of $4.3B with $5.16B in trading volume per CoinmarketCap, revealing its high demand. After this impressive surge, it is the 4th biggest memecoin and the 32 biggest cryptocurrencies in the market. Among investors boosting the demand for this TRUMP-themed meme coin, Anthony Pompliano, Founder and CEO of Professional Capital Management, asked the crypto community to buckle down for what’s next. Analysts reported the TRUMP coin price achieved $7.5B market capitalization in the early hours; a surge to $8M would make it the third biggest meme-themed cryptocurrency, surpassing Pepe Coin. TRUMP Challenge Pepe Coin For Third Spot Pepe Coin, a famous frog-themed meme coin, was launched in 2023 and has dominated the crypto market ever since. Similar to the massive rally of the TRUMP…

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Filed under: News - @ January 18, 2025 9:12 pm