New $TRUMP Meme Coin Skyrockets to $21 Billion Market Cap Ahead of Inauguration Day –
BTC
LKY
In a stunning twist to the crypto landscape, a brand-new meme coin called Official Trump ($TRUMP) has exploded onto the scene, reaching an astonishing $21 billion fully diluted market cap within hours of its debut at 2am UTC on Solana. But as the coin surges in value, the crypto community is left questioning: Is this a legitimate project or just another sophisticated scam?
$TRUMP Coin's Meteoric Rise
At the time of writing, $TRUMP has shot up by an incredible 2,386%, trading at $18.086, with a massive $564 million in trading volume. The TRUMP/SOL pair alone boasts $7.6 million in liquidity, and while traders rush to capitalize on this meteoric rise, skepticism looms over the coin's authenticity.
With 80% of the token supply locked, the crypto world is divided. Some see the rapid growth as a sign of a booming new meme coin, while others fear it may be a flash-in-the-pan pump-and-dump scheme.
Could $TRUMP Coin Reach $100?
As the U.S. presidential inauguration approaches, the momentum surrounding $TRUMP continues to build. Speculation runs high that the token’s price could skyrocket further, potentially reaching $100 or more by Inauguration Day. If this happens, $TRUMP’s market cap could easily surpass $100 billion.
The Trump Factor: Is It Real?
Adding fuel to the fire, official Donald Trump accounts on Truth Social and X/Twitter have made posts that seem to hint at the legitimacy of the token, leaving many wondering if this is part of a larger strategy or simply a clever marketing move.
At the center of the excitement, a flurry of crypto-friendly executive orders is expected to hit the White House as soon as next week, creating even more buzz around the $TRUMP coin.
Is This a Legit Project or a Risky Gamble?
While the meteoric rise of $TRUMP has crypto enthusiasts flocking to exchanges to grab their piece of the action, many are cautious. With the coin's supply locked and its market cap skyrocketing in mere hours, could this be a sign of a legitimate meme coin taking the crypto world by storm—or is it simply a well-executed pump-and-dump waiting to implode?
As the weekend unfolds and Inauguration Day draws closer, traders are on high alert. If $TRUMP proves to be more than just a meme coin and continues its rise, it could become a serious contender in the crypto space. But, as always in the volatile world of meme coins, buyer beware: the line between genius and gimmick is razor-thin.
